There is a new trend catching on among younger urban residents: renting in the city and buying a vacation home as their first house purchase. This unconventional approach to first-time homebuying is one way for these buyers to achieve homeownership and al
Feb 12, 2020 | First-time Homebuyers Purchasing a Home
Whether you want to save on interest payments, avoid debt in retirement or just feel the thrill of complete ownership, there are plenty of reasons to pay off your mortgage loan early. Yet because a house is typically the largest purchase most Americans ma
Feb 05, 2020 | Refinancing a Home
Your mortgage payment is likely the biggest one you make each month. The thought of getting rid of that payment sooner and saving on some of the interest payments can be very attractive. However, there are plenty of trade-offs when you start diverting muc
Jan 29, 2020 | Mortgage
Mortgage interest rates have been near record lows this year, and the latest forecasts have rates falling even lower in the coming year. Many homeowners have already been taking advantage of these historically low rates by refinancing their mortgages. If
Jan 22, 2020 | Refinancing a Home
When you take out a mortgage loan, your lender puts a lot of trust in you to repay the loan. Lenders can do this because they do thorough financial background checks on borrowers before agreeing to lend money. Your interest rate will be based on how credi
Jan 01, 2020 | Purchasing a Home Preapproval Refinancing a Home Credit
Buying a home can be an overwhelming process, especially if it is your first time. It can be easy to get swept along in the process without stopping to make sure you are getting the best deal on your mortgage payment. There are at least six ways to
Dec 11, 2019 | Purchasing a Home Mortgage Advice