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Computerized Investing > August 11, 2012

The Truth About Mortgage

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by CI Staff

The Truth About Mortgage is an online blog run by Colin Robertson, a former account executive with a wholesale mortgage lender, that provides the public with valuable mortgage advice. Now that lending rates are at historic lows and many reports indicate housing prices have already bottomed, investors and homeowners alike are taking the opportunity to refinance their mortgages and buy properties. With some help, such as that provided by the blog, individuals are more likely to get a better deal.

The blog covers a wealth of information spanning from helping individuals understand their options to tips and tricks to better navigate the mortgage lending market. For instance, if you are not sure whether a 15- or 30-year mortgage is right for you, The Truth About Mortgage has an article that discusses both options. Instead of merely providing straightforward dictionary definitions it explains how a 30-year mortgage will cost much more in interest than a 15-year mortgage, but a 30-year mortgage can be safer and nearly as effective as the 15-year alternative for some investors.  However, the blog’s mortgage dictionary is quite comprehensive and provides links to more detailed articles as well.

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