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2008-02-12 21:03:59 GMT 2008-02-18 19:00:00 (GMT -06:00) Central Time (US & Canada) Yes (click here to learn more about ) Closed 49 49 0 direct invitation(s) have been sent by the voice seeker resulting in 0 audition(s) and/or proposal(s) so far. Voice123 SmartCast is seeking 50 auditions and/or proposals for this project (approx.) Invitations sent by SmartCast have resulted in 49 audition(s) and/or proposal(s) so far.
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So here’s the problem…
American's are more in debt than any time in history…
For the first time in history the average American has a negative savings rate
The largest debt-- that the average American has -- is their mortgage debt
Many Americans will never realize the American Dream of true home ownership.
Here’s why: Jon & Rebecca Jones bought their house 10 years ago for $200,000 and they just sold it for $300,000. They think that they just made a profit of $100,000 but they are sadly mistaken. They just lost roughly $26,000. They failed to calculate all of the interest that they paid in over the last 10 years.
The average American will sell or refinance their home every 3 to 5 years. With your mortgage being heavily front end loaded with interest, how much money will you lose if you keep up with the statistic?
Life would be totally different for most people, if they had no mortgage payment.
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