Watching your neighbor with the three cars, RV, and boat get a mortgage bailout and a lower rate–while you keep paying more–is tough. You’d like to refinance to a better rate, but your home value is down and there’s no equity for refinancing. And there’s your irresponsible buddy down the street, seemingly being rewarded for his spendthrift behavior. You can’t beat him–should you stop making your mortgage payments and join him? Continue reading ‘Should You Skip Mortgage Payments to Get a Better Deal?’
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