Author Archives: John McNamara

Is it Expensive to Build Credit?

Building credit doesn’t have to cost you money. In fact you can save money in the process. There are two kinds of goods that we buy: consumer goods and durable goods. Consumer goods are used up shortly after purchase. Durable goods are used over a matter of years. In the vast majority of cases durable […]

When Does a Variable Rate Mortgage Make Sense?

When you expect interest rates to drop in the next five years, because you borrowed a time machine and checked. When you are house shopping, you often look at the price of the monthly payments faster than the cost of the house. After all, it is hard to wrap your head around paying tens or […]