Tuesday, March 13, 2007
Hanover Capital Mortgage Holdings Inc. Down over 16% today
I do belive I hit the epic center of the today's market melt down. So what does this mean for you and me? A great time to refinance assuming you are not a dead beat. Red flags that will trip the proces. Expanding the time to pay off instead of shrinking it. Decreasing your monthly payments instead of increasing them.
Now is a great time to turn that 30 year into a 15 year. Or turn the 15 year into a 10 year. Tighten down and you will win.
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