My boss, who is also the plan manager says he put in special guidelines that prevent vested employees from access to their funds. I am in deep debt due to hospitalization and am considering, (I know it’s foolish to take out funds), using the money to get out of debt and reestablishing my credit.
Jun 242011
Why do 30 year mortgage rates continue to rise, while the fed continues to lower the fed funds rate?
Jun 102011
It seems as though when money is more readily available, the 30 yr mortgage rates should drop.
May 262011
My home loan is at 6.5%, but paying an extra thousand a month will cut about 15 years off of my loan. However, I also realize I stand to gain a lot of compound interest investing that $ 1000 every month by just putting it into an index fund. The thing that has me wondering [...]
May 262011
My friend (the seller) sold their house and held closing on Thursday. The seller owed 70,000 to the bank and the remaining funds to be disbursed to the seller were 30,000. The 30,000 was wired to the seller’s bank and are available but the 70,000 loan is still showing up as unpaid and the same [...]
May 192011
I am planning to retire in about 10-12 years and have a windfall from a stock spilt. What are the advantages and disadvantages from paying down my house loan with the funds from the stock spilt or would it be better to invest the money until retirement to take advantage of writing off interest from [...]
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