Sunday, November 29, 2009

Home Loans, Getting more Straightforward

The best thing to come from this economy is increased consumer protections. A lot of the services we pay for cost a fortune, but we don't notice them because they are funded from hidden fees rather than upfront fees. That results in us spending way more than we should be for financial products that really are not necessary.

This trend continues today, with increased protections for home loans. Not entirely sure how much this matters, but at the very least the companies will have a harder time sneaking in fees such as ones for paying off a loan early.

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