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It's bad idea to use credit card to pay mortgage (Erie Times-News)
Dear Debt Adviser, I have a mortgage of $213,000 on a home valued at $276,000. My credit score is 713.
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New rules make reverse mortgages a better deal (KSBY San Luis Obispo)
The rules have changed, making reverse mortgages an attractive option for more senior citizens. You can get more cash out of your home, and you can even use the money to buy a new home.
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Don't use plastic to pay down mortgage (Bankrate.com via Yahoo! Finance)
Using credit cards to pay down $70,000 on a mortgage would be a big mistake in many ways.
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Expert: Steve Bucci (Bankrate.com)
Dear Debt Adviser, I have a mortgage of $213,000 on a home valued at $276,000. My credit score is 713. I'm wondering if I would be better off to max out all my credit cards -- the combined limit total is approximately $70,000 -- and pay down my mortgage? Can you advise?
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