Before you start crunching numbers and weighing the pros and cons of refinancing your mortgage, you need to be sure you understand what exactly a mortgage refinance entails. How Does It Work? Refinancing a mortgage means you get a new loan with new terms on your current home. If you want to secure a lower ...
Buying your first home can be scary, and exciting. After all, owning a home is a huge financial commitment. You have to pay the down payment and keep up with monthly mortgage bills. Without a landlord to call, you’ll also be taking on new responsibilities to maintain the home and property. You’ll have to mow ...
Buying a home will most likely be the largest purchase of your life, so you want to make sure you know what you’re doing so that you still have some money in your wallet. The national median price of a single family home for the third quarter of 2014 is $217,300. Depending on where you ...
