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	<title>Myths On Money &#187; mortgage</title>
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	<link>http://mythsonmoney.com</link>
	<description>Does it really work?</description>
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		<title>Myth: Rent is a waste (revisited)</title>
		<link>http://mythsonmoney.com/2008/12/myth-rent-is-a-waste-revisited/</link>
		<comments>http://mythsonmoney.com/2008/12/myth-rent-is-a-waste-revisited/#comments</comments>
		<pubDate>Fri, 19 Dec 2008 21:07:26 +0000</pubDate>
		<dc:creator>Patrick Payne</dc:creator>
				<category><![CDATA[Debt]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Myths]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[rent]]></category>

		<guid isPermaLink="false">http://mythsonmoney.com/?p=421</guid>
		<description><![CDATA[The Word on the Street: I still struggle to convince people that paying rent is not a purely wasteful practice. I have already done several posts on this topic. The Truth: Paying rent can be cheaper than getting a mortgage, and the difference in the cost can be invested to your ultimate gain. While I [...]]]></description>
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		<title>Myth: You Must Use Credit to Get Credit</title>
		<link>http://mythsonmoney.com/2008/09/myth-you-must-use-credit-to-get-credit/</link>
		<comments>http://mythsonmoney.com/2008/09/myth-you-must-use-credit-to-get-credit/#comments</comments>
		<pubDate>Fri, 12 Sep 2008 21:20:28 +0000</pubDate>
		<dc:creator>Patrick Payne</dc:creator>
				<category><![CDATA[Debt]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Myths]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[credit score]]></category>
		<category><![CDATA[loan]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://mythsonmoney.com/?p=136</guid>
		<description><![CDATA[The Word on the Street: Everyone seems to believe that the only way to get good credit to qualify for a necessary loan (usually a mortgage), they have to use credit cards, get auto loans, etc in order to get a good interest rate on future loans. The Truth: Your history of repaying debts is [...]]]></description>
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		<title>Myth: Keeping a Mortgage Will Save Money</title>
		<link>http://mythsonmoney.com/2008/03/myth-keeping-a-mortgage-will-save-money/</link>
		<comments>http://mythsonmoney.com/2008/03/myth-keeping-a-mortgage-will-save-money/#comments</comments>
		<pubDate>Sat, 22 Mar 2008 21:03:52 +0000</pubDate>
		<dc:creator>Patrick Payne</dc:creator>
				<category><![CDATA[Debt]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Myths]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://mythsonmoney.com/archives/17</guid>
		<description><![CDATA[The Word on the Street: This is one of the big myths of our day. The myth holds that keeping a mortgage to its full term, rather then paying it down early, is wise because the homeowner can deduct the interest payments from his/her federal taxes. The Truth: Keeping a mortgage (or any other loan [...]]]></description>
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		<title>Myth: You Must Never Pay Rent</title>
		<link>http://mythsonmoney.com/2007/12/myth-rent-is-a-waste/</link>
		<comments>http://mythsonmoney.com/2007/12/myth-rent-is-a-waste/#comments</comments>
		<pubDate>Sat, 08 Dec 2007 18:39:20 +0000</pubDate>
		<dc:creator>Patrick Payne</dc:creator>
				<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Myths]]></category>
		<category><![CDATA[equity]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[rent]]></category>
		<category><![CDATA[waste]]></category>

		<guid isPermaLink="false">http://mythsonmoney.com/archives/6</guid>
		<description><![CDATA[The Word on the Street: People often buy homes or other properties because they feel that rent is wasted money. They want to build equity in their homes as soon as possible, and that by paying rent they are &#8220;falling behind&#8221; in equity. The Truth: While it cannot be denied that money paid out in [...]]]></description>
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