Home > Uncategorized > A Little-Known Strategy for Cutting Mortgage Payments

A Little-Known Strategy for Cutting Mortgage Payments

“Recasting,” or “re-amortization,” involves paying off a lump sum of the principal amount and asking to have the monthly payments reset according to the original interest rate.

Find out more in this great article from the New York Times: http://www.nytimes.com/2011/01/02/realestate/mortgages/02Mort.html

4465 Stuart Street
Denver, Colorado 80212

4465 Stuart Street

Madison & Co. Properties – Denver’s Premier Boutique Real Estate firm in Wash Park
www.madisonprops.com
303-771-3850

Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.