Monday, May 17, 2010

Book Review: Mind Your Mortgage

I was really excited to get this book as I love all things related to saving money, living frugally, and debt-free living. Mind Your Mortgage did not disappoint. If you ever plan to buy a house or refinance, you need this book. It's like a cheat sheet for getting the best loan and being confident that you aren't taken advantage of in the process. Ignorance is so dangerous when it comes to a mortgage. It's a terrible thing to not know what you're doing when it comes to the single biggest financial commitment in your life!

Through this book, I learned the difference between a mortgage lender and a mortgage broker (a difference that can save you thousands!), how to shop for the best loan (it's very simple to compare prices if you just know what to ask and are willing to take the time), and when it's a good deal to refinance (tip: you should never refinance just for a better payment). Reading about the very common mistakes borrowers make will both embarrass and educate you. With Mind Your Mortgage in hand, you can confidently buy a home, refinance your home, or pay off your home. I love this book!

I received this book to review from Thomas Nelson Publishers.

No comments: