To build equity in your home, you can use these easy steps.
“Equity” is simply the percentage of the property you own compared to the percentage you still owe on the mortgage. It takes into account a few different factors, but most importantly…
Millions of Americans have dealt with this problem, and while it seems like a hopeless situation, there are solutions. Many of these solutions, as it turns out, are easier than you might have thought!
Remember, You are Not the First Person…
Mortgage insurance can be expensive, and many people try to bypass this financial burden by bringing a large down payment. However, this creates new complication and can actually increase your interest rates.
If you are making a large purchase and are…
Refinancing a mortgage loan can have many benefits, but homeowners often delay this step because they may be comfortable with their current mortgage, don’t know how to proceed, or don’t understand the right times for refinancing.
Why, When, and How…
30 years or 15 years. Those are your options for a mortgage.
Right?
While most people are familiar with either 30 or 15-year mortgage terms, there are actually mortgages available that are based on many different lengths. 10-year,…