10WaysToGetABetterRate

10 ways to get a better rate on a mortgage

When you apply for a mortgage, your interest rate is one of the most important aspects of your loan. All other factors equal, the lower the rate you can get, the lower your monthly payments will be. Obtaining a great rate instead of a not-so-great one could save you tens of thousands of dollars over ...

How much home can you afford to buy?

Owning a home is often cheaper than renting a comparable one, but figuring out just how much home you can afford isn’t always easy. While rents are priced in simple monthly amounts, home prices need to be broken down into upfront and monthly payments. So how much home can you afford to buy? Here are ...

BenefitsOfShorterMortgageTerm

The benefits of a shorter mortgage term

With mortgage rates having risen over the past year, more mortgage borrowers are exploring ways to reduce their interest costs. One of these options are shorter-term loans – loans that are schedule to be repaid in less time. While 30-year mortgages are most popular, shorter terms, such as 15-year mortgages, are also available. A shorter ...

How to get equity out of your home

Thanks to the major increase in home values over recent years, home equity in America has reached an all-time high of $11.5 trillion. While many homeowners leave their equity untapped as they pay off their mortgages, others withdraw equity when needed for home repairs and renovations, debt consolidation, college tuition, emergency expenses or large purchases. ...

The right type of mortgage for every stage of life

When you’re buying or refinancing a home, the mortgage that’s right for you may depend on where you are in your life. Your mortgage is a part of your lifelong financial strategy, and it should change and evolve with you and your household’s needs, goals and circumstances. Whether you want the most affordable payment available, ...

Older posts