re you ready to be shocked? Then gather your most recent statement for each loan you have and walk through a short exercise with me. Somewhere on the loan will be a breakdown of how much you borrowed, the amount of your monthly payment, how much of your monthly payment goes toward the principle, and how much interest you are paying on your loan. With this information in hand I want you to make a 4-column chart to record your data (you can use a spreadsheet or paper and pencil; both work great for this exercise).

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We are currently benefiting from the lowest interest rate of the last decade. So several people are asking: is variable interest rate going back up as well?

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How do you find a good home lender? How to find the best mortgage rate? These are some of the questions that popped up in Moolanomy Answers a few times. So let’s take a look at what can you do to find the best mortgage lender and interest rate...

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