A letter from a major mortgage lender suggests big savings by paying no closing costs.
Too bad they admit (in tiny print on the back) that you’re just putting the closing costs in the loan which could cost you WAY more.
Over on the Finance Gourmet information site, there is an article on the downside that most people forget when they take out a 401(k) loan. Most plans require you to repay the full amount within 90 days if you leave the company. If not, it is an early withdrawal for people under 59 [...]
Welcome to the Finance Gourmet blog. Your resource for real world personal finance and investing advice. If you are looking for something specific, you may want to try www.financegourmet.com where you will find in-depth articles that provide detailed information on personal finance and investing in a more encyclopedia like format.
