The Federal Housing Administration (FHA) has announced a 30-basis-point reduction to the annual mortgage insurance premium (MIP) charged to borrowers. The cut will take effect for FHA loans closing on or after March 20, 2023, and new FHA borrowers are expected to save an average of $800 a year. These savings will expand homeownership opportunities ...
Creating a welcoming guest bedroom is an excellent way to show your guests that you care about their comfort and wellbeing. A well-appointed guest bedroom not only provides a comfortable and private space for your visitors to rest but also makes them feel appreciated and valued. Here are some tips for outfitting your guest bedroom.
Buying your first home can be a challenge. There’s a down payment to save for, credit score minimums to meet and a monthly payment to fit in your budget. However, with the right mortgage program, you may be able to purchase your first home with less cash, easier qualifying requirements or lower monthly expenses than ...
Selling a home is rarely as simple as staking a “for sale” sign in the front yard and waiting for buyers to come knocking. To increase your odds of a quick sale, a high price and a smooth process, you’ll often need to invest in preparing your home for the market. With the basic steps ...
Last year, the average federal tax refund was over $3,000. While this season’s typical refund is expected to be smaller, many Americans can still expect a nice chunk of change back from the IRS. If you can resist the urge to splurge with your refund, here are five ideas on how to put it to ...
