How To Buy and Sell Your Home As a Military Family
Being a part of a military family means you may not have a permanent address for some time. It’s common to receive orders to move to another station even if you’ve just settled into a house and neighborhood you love. To make the experience easier, we share some tips on buying and selling your home […]
Feds Hike Interest Rate: What This Means for Mortgages, Car Loans, and More
The Federal Reserve raised interest rates for the second time in recent months to rein in inflation. And whether directly or indirectly, consumers will start to feel the effects of increasing borrowing costs. Here’s how that breaks down for you: Credit Cards Credit card rates are loosely intertwined with the Federal Reserve’s actions, so if […]
Best Home Loan Options for Single Parents
Are you a single parent who dreams of owning a home but nervous that you’ll encounter too many challenges? We’ve got good news for you! There are home buying assistance programs that can help you purchase a home. If you’re a single mom or dad who wants to buy a house, we’re here to list […]
Who Qualifies for Down Payment Assistance?
If you want to purchase a house for the first time but don’t have enough money for a down payment, getting a state or local down payment assistance program might be the best option. We’re going to look at what down payment assistance programs are all about and how you could qualify for one. What […]
How Do Second Mortgages Work?
Many homebuyers don’t know they can take a second mortgage on their homes. The first loan, the primary mortgage, is taken while purchasing a property. A second mortgage is a type of mortgage that lets you borrow against the value of the same property while your first loan is not fully paid. Knowing how second […]
Factors To Consider When Purchasing a Home as an Unmarried Couple
While exciting, real estate purchases can present challenges for unmarried couples. And since buying a home is a significant financial investment, it’s best to prepare for those challenges before committing to the purchase. What To Consider When Buying Property as an Unmarried Couple Have an Open Discussion About Finances Even if you’re a couple that […]
What’s the difference between private mortgage insurance and mortgage insurance premium?
If you are one of those buyers who can’t afford to pay a sizeable down payment, don’t give up on homeownership just yet. Mortgage insurance is a tool that can help you achieve homeownership despite the lack of funds for a down. When you pay for mortgage insurance as part of your monthly payments, you […]
Is It Possible to Buy a Condo with a VA Loan?
Did you know you could purchase a condo unit with a VA home loan? VA loans are a great home financing option since they don’t require a down payment and have lower interest rates than other mortgage products. So if you qualify for a VA home loan, purchasing a condo would be a fantastic choice. […]
Buying Mortgage Points: Is It Worth It?
Buying mortgage points is a way to secure a lower interest rate during the home buying process. It can save you several thousands of dollars in interest over the life of the loan and lower your monthly mortgage payment. Check out this nifty guide to learn how they’re calculated so you can assess if purchasing […]
Things to Consider When Deciding to Rent or Buy Your First Home
Are you considering whether you should purchase your first home or rent? There are several things to think about when deciding if you want to buy or rent. We’ve listed down things you should know so that you can settle the rent or buy debate in your situation. Put Your Future Goals and Financial State […]
