When you buy a home, you probably have a budget you will try to stick to. Many people choose a 30-year fixed mortgage, and by the time you pay off the home loan, you should own your home outright. At the same time, you might be thinking about paying off your mortgage more quickly to save money on interest. Even making one extra mortgage payment per year can provide a number of significant benefits.
Purchasing a house is expensive. Not everyone has the money to put down 20 percent. One of the ways to make it easier to afford a house is to live in a home with multiple generations.
It is important for people to diversify their investments, and this includes real estate. Many people dream of owning a home, but there are many people who own more than one home. As remote work has become more common, owning a second home has become more common as well. This has provided people with a tremendous amount of flexibility, and you might be thinking about purchasing a second home as well. What are some of the benefits you might enjoy?
Last week’s economic reporting included month-to-month and year-over-year readings on inflation. The University of Michigan released its monthly consumer sentiment index; weekly readings on mortgage rates and jobless claims were also published.
Many people are looking for opportunities to save money on the cost of a mortgage. If you want to save money on your home loan, you might be thinking about refinancing
One of the most common questions homeowners have before listing their home for sale relates to the selling price. Understanding the value of the home is about far more than…
People look at pets as members of their families. They love and cherish them. At the same time, pets do not necessarily go well with rental properties. Even though their owners love them, the property owners generally do not. Pets can damage the property, stain the floors, and scratch up the furniture.
Buying a house is an exciting time, but homeowners also need to make the best financial decision to meet their needs. One of the biggest decisions potential homeowners will face is how much money to put down.
Last week’s economic reporting included readings on construction spending, written testimony from Fed chair Jerome Powell and data on public and private sector jobs and national unemployment. Weekly readings on mortgage rates and jobless claims were also released.
Sometimes a move is unavoidable, regardless of how much you or your kids’ would rather stay in your current home. If your young ones are not looking forward to a change in scenery, here are a few tips to help them make a smoother transition into their new home.