Comparing Costs and Benefits What makes 15-year and 30-year mortgages different—and why it matters for your budget 15-Year vs. 30-Year Mortgage: Which Loan Term is Right for You?Understanding the Pros and Cons of Each Mortgage Option When buying a home, one of the most … [Read more...]
Patio Appeal May Add Value To Your Home
A patio may not be something you consider during the winter, especially if it is cold and snowy. Many people love a patio on a warm sunny afternoon. Sipping iced lemonade or tea outside is a great way to relax. Your real estate agent will want to capture this picture when … [Read more...]
Know The Hidden Costs And Fees Involved In Selling Your Home
Your home is most likely the biggest and most profitable investment you will ever make. It takes money to make it, as the old saying goes. Maximizing your investment's value will require you to put some sweat equity as well as literal cash equity into it before it hits … [Read more...]
Waiting For 3% Mortgage Rate Might Just Be A Mistake
The Federal Reserve took steps last year to reduce inflation. The mortgage rates rose rapidly after the 2021 record lows and reached a peak of just over 7% in October. Some buyers felt a decrease in their purchasing power and decided to halt their plans. The rate of … [Read more...]
Starter Home… What Does That Mean?
It is common to hear the term "starter home" quite often. But, as a buyer, you might wonder what that actually means. You need to understand the basics of buying a home, as well as whether you should invest in your forever home. You can choose to buy a starter home as … [Read more...]
Cash Out Refinance or Home Equity Loan
You may be able to get cash if you have substantial home equity. A cash-out refinance or a home equity loan let you borrow against the equity in your home, with your home as collateral. A cash out refinance replaces your current mortgage with a new one. A home equity … [Read more...]
