Can Bi-weekly Mortgage Payments Save You Money? Outside of a low-interest rate, there are very few ways to save money on your mortgage. On a fixed-rate loan, the payments remain the same month to month, but there is a surprising tactic you can use to save even more....
For home buyers struggling to come up with the money for a down payment, loving family members are often considerate enough to give them gifts to help. Gifts can help buyers come up with the big chunk of money they need to buy a home, but there are tax implications...
When mom and dad are ready to downsize or move to a home with less maintenance, you may have the option to buy their home. Doing so can save quite a bit of hassle for both them and you, limiting the need to enter the home selling or buying market. It can also help you...
Buying your first home is an exciting time. Yet before you enter the world of home buying, you should take some time to understand some basic terminology that will get thrown around a lot in the days ahead. Here are some standard terms and their definitions that home...
Mortgage interest rates are always changing. Even within 24 hours, mortgage interest rates may move up and down, often more than once. These fluctuations can create frustration for homebuyers who want to know that they’re getting the best possible rate. One tool...
One of the benefits of owning your own home is the chance to build equity. The longer you own a property, the more value it accrues. This happens for two reasons. First, you pay a little bit towards the principal balance every time you pay your mortgage. Second,...
Recent Comments