Refinance a Mortgage? If the King of Pop Can Do It, So Can YouBy Richard Barrington
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It was reported recently that Michael Jackson, the artist formerly known as "the King of Pop," was looking to refinance the mortgage on his infamous Neverland Valley Ranch. It just goes to show--if someone who has sold tens of millions of records can have trouble making his mortgage payments, the average American shouldn't feel so bad.
Reasons to RefinanceIf you are having trouble with your mortgage payments, there are at least three reasons to you should look at ways to refinance:
Comparing Mortgage CompaniesLooking at different ways to refinance has never been easier, because of the availability of Internet information on different mortgage companies. Mortgage calculators can help you compare how the rates offered by different mortgage companies will translate into monthly payments, but also look at features besides interest rates. Sometimes, making a mortgage affordable is as much a question of structure as it is of the interest rate, so you'll want to see what other options different mortgage companies have to offer.
The Washington Times
About the Author
Richard Barrington is a freelance writer and novelist who previously spent over twenty years as an investment industry executive.
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