For many people, the upfront cost of buying a home feels like the biggest hurdle, and that’s understandable. After all, having a solid down payment is important. Not only can it lower your monthly and long-term costs as a homeowner,…
With home prices skyrocketing, there’s been a lot of speculation lately. Are we in a bubble? Will the housing market crash? Will home values come plummeting to the ground again? Fortunately, those concerns are largely unfounded. Most economists agree that…
Extra rooms can quickly turn into catch-alls. You move in, and suddenly that space ends up full of holiday decorations, old school projects and the extra chair you can’t find anywhere else to place. But is that the best use…
Refinancing can be a great way to save money and reduce your monthly payment — especially with interest rates as low as they’ve been recently. But what does that process actually look like? In most cases, refinancing is similar to…
Summer is here, and it’s the perfect time to spend some time outdoors. You could have some friends or family over, dine out on the patio or simply take in an evening under the stars and connect with nature. But…
If you have a mortgage (or are in the process of getting one), then you’ve probably heard the term “amortization” before. Put simply, amortization is the act of spreading your loan balance out into equal payments over a set period.…
When you buy a home, you tend to encounter a lot of financial jargon. Whether you’re buying your first home, a move-up space or an investment property, there are countless new phrases that you might not recognize throughout your journey.…
Are you looking to add some value to your home but don’t have a big budget? Or do you want to improve its aesthetic without breaking the bank? Making improvements to your home doesn’t have to come with a massive…
The mortgage process can often be a confusing one — whether you’ve bought a home before or not. There’s a lot of prep work and moving parts, and most of the terminology is unfamiliar to the average consumer. Fortunately, that…
Paying off your mortgage might seem like a dream come true: no more payments, no more interest and owning your house in full. Who wouldn’t want all of that? While those are undoubtedly big perks, paying off your loan can…
