Mortgage Reduction SolutionsUSA ECONOMIC CONDITIONS Today's sluggish economy has left millions of people struggling to financially make ends meet. Lou Dobb's coined phrase "Assault on the Middle Class" continues. Virtually every corner you turn screams inflation and rising expenses. The sky-high cost of fuel and other commodities is ultimately passed to us weary consumers. Salaries once adequate for providing comfortable family living are now stretched to the limits, leaving many people in search of additional income sources to help bridge the gap. LIVING EXPENSES If you look at major expenses in the average person's life, it's easy to identify mortgage or rent obligations at the top of the list. Home ownership is one of the biggest living expenses and frequently the hardest to obtain. According to the the Federal Housing Finance Board, and data analyzed from over 23,000 home loans from over 75 lenders, the U.S. national average purchase price for a single-family home reached $264,540 in October 2004. This average is up from the $243,756 average for October 2003. A $260,000 home loan financed at 6% interest will cost the consumer an estimated whopping $301,179.29 in interest over the course of 30 years. Shorten this loan to 15 years and the home owner will be paying an estimated $2,200.00 per month with approximately $135,000 going to interest. These figures do not include taxes and insurance estimates so the actual costs are even higher. With figures like this it's no wonder people are working their butts off just to have a roof over their heads to protect their family and loved ones. Day after day they continue the grind: up early, work hard, stretch the budget, work, work, work, and work some more. Then along comes payday and... YIKES! Lots - if not most of that hard earned money needs to be set aside for the dreaded mortgage payment. If only there was an easier way! MORTGAGE REDUCTION & FINANCIAL FREEDOM Lots of people dream of increasing their wealth and the ability to pay off their homes and live mortgage free. Now, more than ever, people are turning to network marketing opportunities to reach these goals. For some the dreams of financial stability turn to reality but for many others it remains just a dream. Financial freedom doesn't come from osmosis or wishing, you have to get out there and FIND IT! A current search on Google for 'home business opportunities' produces about 125,000,000 entries. Do all these entries provide income combined with an innovative mortgage reduction solution? Absolutely not! © 2005 Equity Zip Financial - All Rights Reserved Okay to reprint article in its entirety with author bio/sig box in tact. Please keep all links active and although not required, a courtesy copy is appreciated - thanks. Equity Zip Financial
MORE RESOURCES updated Tue. March / 19 / 2024 Pros And Cons Of Refinancing A Car Bankrate.com Current Student Loan Interest Rates in March 2024 Business Insider How to Refinance Your Mortgage NerdWallet Will Interest Rates Go Down in April 2024? | Mortgage Rates Forecast The Mortgage Reports When to Consider Refinancing Your Mortgage Business Insider Mortgage Relief and Mortgage Assistance Programs [2024 ] The Mortgage Reports Mortgage Rates This Week NerdWallet Mortgage Interest Rates Today, March 16, 2024 | Rates Tick up Business Insider Mortgage Interest Rates Today, March 14, 2024 | Rates Are Still on Track to Go Down This Year Business Insider Mortgage Interest Rates Today, March 17, 2024 | Sticky Inflation is Keeping Rates Up Business Insider Best Mortgage Refinance Lenders of March 2024 Business Insider Mortgage Rates Chart | Historical and Current Rate Trends The Mortgage Reports Mortgage Interest Rates Today, March 13, 2024 | Rates Are Back Down Following Yesterday's CPI Report Business Insider What Is An Interest-Only Mortgage? Bankrate.com Save up to $1,500 on a Mortgage Refinance With the New FHFA Program Business Insider How Soon Can You Refinance a Mortgage? NerdWallet Best Mortgage Refinance Lenders In 2024 Bankrate.com Mortgage Interest Rates Today, March 15, 2024 | Rates Drop for Second Week in a Row Business Insider Can You Refinance With No Income Verification in 2024? The Mortgage Reports Mortgage Rates Dip Below 7%. Recent Homeowners Race To Refinance. Realtor.com News Best Refinance Lenders of March 2024: Refinance Your Mortgage The Motley Fool Rates drop - Mortgage rates for March 11th, 2024 Bankrate.com Best Student Loan Refinance Companies In March 2024 The College Investor When to Refinance Mortgage: Is it Time? - Buy Side from WSJ The Wall Street Journal Current mortgage refinance rates CNN Underscored Refinance Requirements: What You Need to Refinance Your Home in 2024 The Mortgage Reports How Soon Can You Refinance a Mortgage Loan? 2024 Rules The Mortgage Reports Conventional Refinance Rates and Guidelines for 2024 The Mortgage Reports Current 15-year refinance rates — and lenders that offer them CNN Underscored The best mortgage lenders for refinancing in March 2024 CNN Underscored Mortgage Interest Rates Today, March 12, 2024 | Rates Are Down, and They May Drop Further in the Coming Months Business Insider How To Refinance An Underwater Mortgage Bankrate.com Mortgage Rate Forecast February 2024 Bankrate.com Will Mortgage Rates Go Down in 2024? What Homebuyers Should Expect Business Insider Mortgage Applications Increase By 7.1% Amid Rate Drop, Refinance Activity Spikes National Mortgage Professional What Credit Score Do I Need To Refinance? Bankrate.com Office of Research blog: A look at cash-out refinance mortgages and their borrowers between 2013 to 2023 Consumer Financial Protection Bureau Build Your Future with Tara's Mortgage Company St. Albert Gazette 30-year refinance rates: What to know CNN Underscored 30-Day Mortgage Rates Fall for a Fifth Day Investopedia Should I Refinance My Mortgage Now? When to Refinance As Rates Drop Business Insider CFPB Releases Study of Refinance Mortgage Loans Between 2013 and 2023 Consumer Finance Monitor How To Get The Best Refinance Rate Bankrate.com Should You Refinance Halfway Through Your Mortgage? Bankrate.com MBA: Mortgage Applications Increased in Weekly Survey Calculated Risk The Sales Pitch for an 8% Mortgage: Buy Now, Refinance Later—for Free The Wall Street Journal The Great Pandemic Mortgage Refinance Boom - Liberty Street Economics Liberty Street Economics -
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