Mortgage UPDATE

January 5, 2016

Taylor Ortiz’s Mortgage Memo Today’s Topic: Amortize: reduce or extinguish (a debt) by money regularly put aside.            The new year is very often a time to review one’s financials so there is no better time to re-visit how a loan behaves.  The basics – Let’s use a $100,000 loan at 5% interest. One month’s…

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