Tuesday, January 23, 2007

Mortgage Advice and Tips

This is an interesting thought...have a web page (1-2) that gives an e-book away about the skepticism of lenders (broker, banks, direct lenders...etc.). Here is the kicker. E-books are mostly comprised of limited information that ends up plugging another product for the consumer to buy. They should call them secret marketing books.


Mortgage Advice and Tips: "Look at these numbers. Look at how much money you can save in interest payments if you can reduce just
One Half of a Percentage Point off your mortgage interest rate!
Loan AmountMonthly1 Year3 Years5 Years30 Years
$ 100,000$ 41$ 500$ 1,500$ 2,500$ 15,000
$ 200,000$ 82$ 1,000$ 3,000$ 5,000$ 30,000
$ 300,000$ 125$ 1,500$ 4,500$ 7,500$ 45,000
$ 400,000$ 166$ 2,000$ 6,000$ 10,000$ 60,000
$ 500,000$ 208$ 2,500$ 8,500$ 12,500$ 75,000

This is the difference between having a 6.5% loan and a 6.00% loan.
The information in this book can help you achieve these savings
by showing you How a Lender Gets Paid!"

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