Since buying a home is one of the biggest financial investments most people ever make, if you are not careful, you can get in over your head. This can result in a status of being “house poor,” or spending way more on housing costs than you can
Dec 20, 2022 | Refinancing a Home Home Equity Loans
With interest rates doubling in the past year, you may think that it’s no longer a good time to refinance your mortgage. However, the truth is there may be some circumstances that make now a perfect time to switch into a new home loan. The best time to re
Dec 01, 2022 | Refinancing a Home
The most common home loan, by far, is the 30-year fixed-rate mortgage. It spreads out the principal and interest in an amortized pattern over three decades, allowing for manageable payments. It’s a good solid loan structure beloved by lenders and bo
Nov 01, 2022 | Purchasing a Home Refinancing a Home Interest Rates
Long-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with an adjustable-rate mortgage (ARM), it probably made a lot of sense at the time and helped you s
Oct 25, 2022 | Interest Rates Refinancing a Home
Today’s housing market remains hot, with soaring sales prices, even as mortgage interest rates have almost doubled in the past year. Those factors combined with very limited inventory make it difficult for many would-be buyers to get a foothold in h
Jul 26, 2022 | Refinancing a Home Home Equity Loans
Mortgage interest rates have jumped more than two full percentage points in the past year and with home prices growing at record high paces, buying a home might seem more out of reach than ever for some people. The good news is that there are smart ways t
Jul 19, 2022 | Purchasing a Home Refinancing a Home
