Mortgage Minute

Total Interest Percentage (TIP) is the most overlooked yet accurate depiction of the mortgage interest paid over the life of a mortgage. This is the number that is buried on page 5 of the closing disclosure! Traditional mortgages have a high TIP ...

When I was growing up, my mom told me to Pay Yourself First! Interesting and simple advice. My mom was clear that I was to set aside money for myself before I paid anyone or anything else. Back in the ’80s, that was a few hundred dollars a ...