Have a friend, family member, or colleague who bought a home in 2017? Don’t phone it in with their holiday gift. Being a new homeowner is expensive, and you can bet your loved one could use a helping hand this season. Instead of giving them the standard candle or cozy blanket this time around, consider [...]
Just because funds are tight doesn’t mean you can’t buy gifts for those you love this holiday season. Nor does it mean you have to take out loans, sell your car, or open a slew of new credit cards in order to cross every name off your holiday shopping list. Shopping on a budget can [...]
Marriage is a big deal, both personally and financially. Once you say those “I dos,” everything changes. Your lives are intertwined forever---and that includes your money, your credit score and your financial history. As such, marriage can have a huge impact on your ability to buy a home. But is that a good or bad [...]
Let’s be honest here. Selling your home in the winter can be pretty hard. For one, there’s just not much buying going on around the holidays. People are saving their cash (and spending it elsewhere), and they’re not looking to uproot their lives and move across town in the freezing cold weather. It’s also hard [...]
With the holiday season comes lots of spending. Gift giving, decorating, entertaining, vacationing and going out to eat – it can all rack up the big bucks, and pretty quickly, too. Sadly, overspending doesn’t just deplete your bank account or give you bigger credit card bills to pay. It can also hurt your credit and, [...]
Your mortgage rate is going to play a big role in what your monthly payment will look like. But is it the only thing you need to consider when buying a home? Absolutely not. Even if you qualify for the lowest rate on the books, there are still a whole slew of other costs [...]
There are tons of reasons to refinance your mortgage loan. Maybe you want a lower monthly payment, maybe you’re looking to save on interest, or maybe you just need an extra infusion of cash to remodel that spare bedroom, take a vacation or send your kid to college.
It’s no secret that today’s real estate market is a little tight on inventory. The shortage of supply is driving up prices, increasing the number of bidding wars and pushing buyer competition to a fever pitch. So what’s a buyer to do?
It may be an inventory-strapped market, but that doesn’t mean people are willing to buy anything. Today’s homebuyers still want a great home, in a great location, at a great price – and sellers need to do their best to position their properties as such. Staging, adding some curb appeal and sprucing up the kitchen [...]
If you have an FHA loan or put less than 20 percent down when you bought your home, you’re probably stuck with PMI, or Private Mortgage Insurance. PMI is paid monthly as part of your mortgage payment, but unlike your balance and interest, it doesn’t decline over time. You pay the same for mortgage insurance [...]