Downsizing can help retirees save money and energy they might otherwise waste on space they do not need. But in the process of downsizing, they must choose whether to rent or purchase their next home. What are the pros and cons?
Topics: Retirement, Homeowners, Mortgages / Home Equity
A blank wall holds endless possibilities for decoration! Here are a few suggestions to transform your bland walls into focal features and design statements you, your family, and your guests will love.
Topics: Homeowners, Mortgages / Home Equity
Financial jargon can be confusing, especially when certain terms sound weirdly similar. Take pre-qualified and preapproved, for example. These words appear to be synonyms, but when it comes to securing a mortgage, they have differences and specifically applied circumstances. Here is a closer look at the variances between pre-qualified and...
Topics: Financial Education, Homeowners, Mortgages / Home Equity
Are you preparing to purchase a house for the first time?It’s important to understand the additional costs beyond the down payment and monthly mortgage payments. Incorporating and preparing for the costs below will help guide you to becoming a responsible homeowner.
Topics: Homeowners, Mortgages / Home Equity
Selling a house can be a stressful, complicated, and surprisingly costly process. If you are a first-time home seller or haven’t sold a home in some time, here are some costs you need to know about before you list your house:
Topics: Homeowners, Mortgages / Home Equity
When interest rates dip lower than your current rate, you might be tempted to refinance your mortgage. After all, lower interest rates should equal lower monthly payments. This means you could have more room in your budget while still paying on your home. Refinancing, however, is a serious financial decision and should be based on several...
Topics: Homeowners, Mortgages / Home Equity
U.S home prices grew at a near-record pace in January according to the National S&P Case-Shiller Home Price Index; year-over-year home prices rose by 19.20 percent in January as compared to December’s reading of 18.90 percent. Home prices rose 1.80 percent on a month-to-month basis from December to January.
Topics: Mortgages / Home Equity