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Most banks and mortgage companies have different payment programs that you don't have to qualify for. All it takes is a phone call to find out what types are offered and to let them know which one you want! Get your calculator out! If you are making monthly mortgage payments - divide that payment in half. Most people are paid biweekly - so why not have HALF your mortgage payment automatically deducted from your account on paydays. Simply changing your mortgage payment from monthly to biweekly, adds an extra payment to your mortgage each year! Instead of 12 payments you are making 13, with the 13th payment going directly to the principle balance! Doesn't sound like much? Well, figure you have 25 years left on your mortgage if you kept monthly payments - biweekly payments could knock off 3-5 years! Find out more about paying off your mortgage faster at Mortgage Rate Guru . The bank or mortgage company may charge a fee for the service of deducting your payments from your account –

Mortgage Lending Expert : Home Price Trends

Where are home values going?   Do real estate pros and economists have the inside scoop – and they just aren’t sharing?     ………not quite. A number of organizations compile and analyze data about housing values - often including projections about where prices are headed. To get the best possible information for use in real estate lending and investing, we’ve reviewed many of these reports. They generally belong to one of two major categories, each containing a critical flaw: 1)      Realtors, Homebuilders, Mortgage Bankers and other “special interest” groups have their own full time economists. They produce data compilations and projections about home values and market activity. Major flaw:   It’s biased information. Those whose livelihood is directly linked to the number of homes that sell have a vested interest in always predict-ing a positive outlook for home values .  During the most inflated home market in our lifetimes, the 2006-2007 housing boom, the real estate brokerage industr