Saturday, December 18, 2010

Does It Pay to Re-Finance?

This is a question many homeowners may have when they are considering re-financing their home. Unfortunately the answer to this question is a rather complex one and the answer is not always the same. There are some standard situations where a homeowner might investigate the possibility of re-financing. These situations include when interest rates drop, when the homeowner’s credit score improves and when the homeowner has a significant change in their financial situation. While a re-finance may not necessarily be warranted in all of these situations, it is certainly worth at least investigating.

Drops in the Interest Rate

Drops in interest rates often send homeowners scrambling to re-finance. However the homeowner should carefully consider the rate drop before making the decision to re-finance. It is important to note that a homeowner pays closing costs each time they re-finance. These closings costs may include application fees, origination fees, appraisal fees and a variety of other costs and may add up quite quickly. Due to this fee, each homeowner should carefully evaluate their financial situation to determine whether or not the re-financing will be worthwhile. In general the closing fees should not exceed the overall savings and the amount of time the homeowner is required to retain the property to recoup these costs should not be longer than the homeowner plans to retain the property.

Credit Score Improvements

When the homeowner’s credit scores improve, considering re-financing is warranted. Lenders are in the business of making money and are more likely to offer favorable rates to those with good credit than they are to offer these rates to those with poor credit. As a result those with poor credit are likely to be offered terms such as high interest rates or adjustable rate mortgages. Homeowners who are dealing with these circumstances may investigate re-financing as their credit improves. The good thing about credit scores is mistakes and blemishes are eventually erased from the record. As a result, homeowners who make an honest effort to repair their credit by making payments in a timely fashion may find themselves in a position of improved credit in the future.

When credit scores are higher, lenders are willing to offer lower interest rates. For this reason homeowners should consider the option or re-financing when their credit score begins to show marked improvement. During this process the homeowner can determine whether or not re-financing under these conditions is worthwhile.

Changed Financial Situations

Homeowners should also consider re-financing when there is a considerable change in their financial situation. This may include a large raise as well as the loss of a job or a change in careers resulting in a considerable loss of pay. In either case, re-financing may be a viable solution. Homeowners who are making considerably more money might consider re-financing to pay off their debts earlier. Conversely, those who find themselves unable to fulfill their monthly financial obligations might turn to re-financing as a way of extending the debt which will lower the monthly payments. This may result in the homeowner paying more money in the long run because they are stretching their debt over a longer pay period but it might be necessary in times of need. In these cases a lower monthly payment may be worth paying more in the long run.

standards of studying Internet or technology

A long time ago when internet wasn’t born yet the only technology that humans were able to use is abacus, old fashioned cameras and etc.

As we’ve all know INTERNET the most modern way to communicate with the people around the world. INTERNET began to operate in the 1960’s. In this way a single signal can be sent to multiple users. The old fashion way in sending mails had been thrown out in some people. Mostly now uses E-MAIL for sending mails to different parts of the country or sending it to other countries.

E-mail was developed through ARPANET as did the bulletin-board system.
It has now different qualities; here are some of them;,,, and more. People knew that it was a modern way in sending their mails to their families, friends, loved ones, and other relatives.

In 1991, was introduced to the people of what we call now as the WORLD WIDE WEB.WORLD WIDE WEB is the part of the Internet that most users see and use and which has made it so popular. This gave birth to a big boom in web usage. The web continuous its growth in a very incredible way. There are now a billion of pages of the web and thousands more.

And now that INTERNET has come to be my way of learning, discovering and seeing new things. I feel that I’m very lucky to have my internet to hold on to. For my projects, assignments research and etc. but of course I am not forgetting to study by book, to research from libraries and etc. because I know that internet does really help a lot, but I also know that I should also help myself to relate my studies to my own learning. Because I will bring everything, I have been studying until my college until I work until I grow up and need to live my life with my own budget. Which probably so-called SALARY.

Tuesday, November 9, 2010

what is waterboarding

The creepiest promo for Monday night’s Decision Points: A Conversation with George W. Bush was the snippet that played all last week during NBC’s entertainment programming, in which former president George W. Bush said to Matt Lauer, “Let’s talk about water-boarding” in an enthusiastic tone that suggested the subject was as fun and exciting as a trip to Disneyworld.

NBC’s promo department should be sent to the same woodshed where Keith Olbermann is being kept until Tuesday evening. It turned out that the water-boarding comment came in the context of Lauer’s careful parsing of Bush’s justification for using the technique many describe as torture, which boiled down to: “It’s legal — the lawyers told me [that].” Bush showed a flash of testiness, saying to Lauer, “I’m not gonna debate the issue, man.” Okay, dude.

Bush was fascinating on the subject of his drinking. He was full of stories, including one about “drinking no hands at a bar, yeah.” Lauer clarified: “Reaching down with your mouth, grabbing the glass.” Yes, Bush says — got a DUI for that one, he said. Claiming he quit “cold turkey,” that it was “the most important decision of his life,” and that he hasn’t had a drink since 1986, Bush also took care to say he’s not a recovering alcoholic. Lauer and Bush shared a rueful laugh over what Bush calls his “worst” behavior during his drinking days: Loaded at the dinner table at his parents’ house in Maine, Bush asked a female dinner companion, “What is sex like after 50?” Still, he notes with ill-disguised disdain, “I wasn’t a knee-walkin’ drunk.” Spoken like a white-knuckling child of privilege.

Bush’s remarks about Kanye West’s criticism of him have already been reported: “I resent it… It was a disgusting moment, pure and simple.”

Bush also had a hard time dealing with ire from someone closer to him, Vice President Dick Cheney, who, Bush said, was “angry” with him for not granting a full pardon to Cheney’s pal “Scooter” Libby, convicted of perjury in the Valerie Plame case. The former president does not seem to be the sort of fellow who takes criticism well.

Bush says these days he reads two things: “The Bible and The Wall Street Journal.” The latter on his iPad.

The Bush book tour is just getting started. Tomorrow, he’ll be on Oprah. In the next few days, he’ll do a tour of duty on the Fox News Channel, hitting The O’Reilly Factor, Hannity, Fox and Friends, and Greta Van Susteren’s show. On Nov. 18, The Tonight Show with Jay Leno. (The Daily Show? Not on Bush’s list as I write.)

If Bush’s interview with Matt Lauer on Monday night — an interview conducted by Lauer with a systematic thoroughness — is any indication, we’ll see more than Bush probably intends. Bush came across this evening as a cheerful, un-self-conscious man, speaking cautious words even as his tone and body language suggest a prickly defensiveness. “I gave it my all and I’m a content man,” he concluded flatly.

What do you think of the interview?

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