I then finished my Master's Degree in Forensic Psychology in about 18 months. 

Basic business psychology also suggests you are going to get a far worse deal than dealing with a willing seller.

That's usually the last psychological state the bulls enter just before the correction.  

I'm obviously interested in things REI related, but also tech, psychology, and many other topics. 

If you believe you need the extra level of  psychological protection spend the extra money and sleep better at night. 

Don’t downplay the psychological factor of having the mortgage paid off.

It takes alot of intuition psychology and verry hard work to sucseed in this business you have to love chalenges its kind of like paying off a 30 year mtg but the more you learn the easyer it becomes theres alot to know from begining to end most important is working for someone that you can trust if its your own business then you should do fine but you cant do it all by your self originate process underwrite track the loans etc etc etc.......

There are alot of private lender hedgefunds bear sterns etc that have invested over the last 13 years or so in sub prime and thet dont plan on loseing as far as the banks bailing people out i just dont beleve it thats a smoke screen to make the look sincere what they do is take there down payment and home and get the next guy in and take theres to if they dont man up and pay for it its not something for nothing in this but anymore you almost have to have a degree in economics to understand it confusion is there trick of the trade every business has them theres no crystal ball that says you will have your business/job/same income for the next 30years there finacials change and credit only the strong servive there is psychology within life/money please dont get me wrong a mortgage can work for you if you understand the loan witch is 2 inches thick and only a 3 day recision period but statistics say that you will refi every 5- 10 years need a new car college tuition new born etc and many many other things happen funeral and you need to consolidate and back to 30 years again they have all or most of the angles figured out or at least the important ones what you like is your fault .

I am actually a psychology major and a social work minor.

(our neighbor and supposedly a pastor with his master's degree in psychology - Vanguard University).