Mortgage interest rates are currently quite low. Just about everywhere you look, there are news articles that state, “Now is a great time to buy a home or refinance your current mortgage!” While it’s absolutely true that now is a great time to lock in a fantastic mortgage interest rate, many current and prospective home …
Don’t think you can afford the payments on a 15-year mortgage or a 30-year mortgage? Don’t worry. You might qualify for a 40-year mortgage. This type of mortgage works just like a mortgage of a shorter length, but it stretches your required monthly payments over four decades instead of three (or fewer). Does this option …
If you have student loans, you should not automatically think that the loans will disqualify you from purchasing a home. More and more people are graduating from college with a large amount of student loan debt. With a large amount of debt to their name, many people believe that home ownership is a mere fantasy …
Student Loans Don’t Have to Keep You From Purchasing a Home Read More »
The holiday season is in full swing, and 2014 is almost over. At this time of year, shopping for a home might be the last thing on your mind. But December can actually be a fantastic time to shop for and purchase a home – especially this year. If you have time to look at …
The Holiday Season Can be an Excellent Time of Year to Purchase a Home Read More »
Don’t think you can afford the payments on a 15-year mortgage or a 30-year mortgage? Don’t worry. You might qualify for a 40-year mortgage. This type of mortgage works just like a mortgage of a shorter length, but it stretches your required monthly payments over four decades instead of three (or fewer). Does this option …
It’s easy to find articles and advice on the benefits of paying off your mortgage early. Sure, the thought of living without a mortgage is appealing to many people because owning your home outright is definitely a positive thing. But, before deciding that paying off your mortgage early is the best possible choice, it’s important …
A Few Reasons to NOT Pay Off Your Mortgage Early Read More »
When you want to apply for a mortgage – either because you want to refinance your existing loan or you want a loan for a new purchase – you have choices. One of your choices is to spend hours and hours researching the many mortgage options available to you. Another choice is to utilize a …
While it’s true that not every Baby Boomer will retire at a specific age, every month more than a quarter-million Americans turn 65. Age 65 has traditionally been an accepted retirement age – although many people don’t actually retire until they are 70 years or older. Regardless, the debate on whether a person or couple …
Should You Pay Off Your Mortgage Before You Retire? Read More »
If you are thinking about applying for a mortgage, you want to make sure your finances are in order. You will be required to submit your financial information to your lender, so it’s important to not make missteps in the weeks and months before completing a mortgage application. Following are several things you should try …
Avoid Doing These Things If You Are Thinking About Applying for a Mortgage Read More »
Are you thinking about buying your first home? There is a lot to consider when contemplating such a large purchase. A home might be the most expensive thing you ever buy, so it’s not a decision that should be taken lightly. If you are interested in buying a home, but you are still weighing the …
