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Homeowners are using this hack to cut their mortgage payments in half — and chip away at the housing shortage [Yahoo! Finance]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: Yahoo! Finance
High-school math teacher Kelly Abbott lives in Alameda, Calif., one of the most expensive parts of the country. When she first bought her single-family home in the Bay Area for less than $385,000 in 2012, she thought she had scored a good deal. ‘My father was a teetotaling, fair-minded, liberal-leaning capitalist': And yet I allowed ‘friends' to borrow $120K. How do I deal with the fallout? Investors are bracing for higher-for-even-longer interest rates ‘I know it's awkward to give advice to wealthy people': My wife, 50, has terminal cancer. Our estate is worth $18 million. How do we prepare? ‘I opt to fly private — no matter what the cost': The caviar in first class tastes like burnt plastic. What ever happened to airline standards? ‘I'm 38 and completely broke': I earn $50,000 a year. What professional degree will guarantee me six figures? Little did she know that her good deal would eventually turn into her golden ticket. The Bay Area, where Alameda is located, has s Show less Read more
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