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(EMAILWIRE.COM, January 23, 2012 ) Los Angeles, CA -- There is a time in almost every oneÂ’s life that the decision about buying a house comes together and the necessity of a mortgage, facing different rates, interests, and other financial aspects is not always so easy. The blog Best 40 Year Mortgage tries to translate the most difficult terms, while it also attempts to explain why 40 year mortgage is becoming a popular trend and is one of the best options to take in consideration.
After 20 years of work advising clients about the subject, the financial specialist Jerry Goldstein decided to transfer his routine of sharing tips and advice about mortgages to the online world. The motivation is the same as many other bloggers: the capability to talk to many more people through the computer screen than behind an office desk.
The economy has changed a lot in the United States and the market of loans and mortgages has followed those downward trends. Goldstein admits that the financial world is not that easy to the common public, and therefore he chose only one aspect to focus on when he started blogging, almost two years ago. The explanation comes from a known rule in personal finance that states that a person should not compromise more than one third of his income with mortgage payments. “Nowadays there is a considerable part of the population that is not earning that much. That is what justifies the success of 40 year mortgages”, says Goldstein.
The posts bring specific aspects that a person who is looking for information and advice about the best mortgages would probably consider before making his decision. On the site, there are seven categories that include clarifications regarding facts, rules, lines of credit, and things the applicant should take in into consideration before signing for any mortgage. The specialist includes graphics on some blog posts, in order to help the reader understand better how this financial world works. “I have to say that sometimes all the information I give makes the reader even more confused and full of doubts, but it is perfectly normal. I like to talk to them directly and after a couple of e-mails, the reader knows exactly what he has to do and whether 40 years is too long and a 30 year mortgage may be a better option”, explains Goldstein, who answers almost 100 e-mails on a daily basis.
About Best 40 Year Mortgage:
Best 40 Year Mortgage is a site that attempts to decrypt difficult financial terms and aid consumers to make up their minds in regards to the options that are available to them when looking to purchase a new home. GoldsteinÂ’s experience is evident throughout the articles of the site, and he makes an effort to personally address concerns and questions that the readers may have.
Best 40 Year Mortgage
Jerry Goldstein
(310) - 837 - 9181
info@best40yearmortgage.com
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