Author Archive for Eric Carnegie

I came to the US as a student about 23 years ago with two suitcases and $80 in my pocket. Today I own several houses, a couple of websites, and some other investments.

When Not to Refinance

You’ve had your mortgage for a long time. The amortization chart shows that the proportion of your payment that is credited to the principal of your loan increases each year, while the proportion credited to the interest decreases each year.…