For many of us, the biggest financial obligation we have is the mortgage. While some people don't mind plugging away at the mortgage for 30 years (especially if the interest rate is low and they want ... Read More about 5 Strategies for Paying Off Your Mortgage Faster
While it may have been shocking as recently as 15 or 20 years ago, the “unmarriage” trend seems to be here to stay. According to a 2009 story by Lisa Selin Davis of Time Magazine, “more than 5 million ... Read More about Buying a House Together When You’re Not Married
Stretching yourself financially to purchase a home is usually a bad idea. (How bad? These types of purchases helped fuel the housing bust of just a few years ago.) However, in some occasions you ... Read More about What is an 80-10-10 Mortgage?
If you are halfway good at math then you understand that, assuming all else equal, a 15 year mortgage will always beat a 30 year mortgage. This is a fact that many financial planners and talking heads ... Read More about 15 Year Mortgage Test – Can You Afford It?
My wife and I bought a home less than a year ago. We love the house, our neighborhood, and the general area where we live. Little did we know that less than a year later, we would refinance our home. ... Read More about Refinancing a VA Loan with a Streamline Refinance
My wife and I bought a house last April, and while we were going through the house buying process, I was curious about the role my credit score would play in getting the mortgage and how it would be ... Read More about How Much Does a New Mortgage Affect Your Credit Score?
Since the mortgage meltdown, many people have become wary of the idea that home ownership is a lofty goal that every American should aspire to. There are obvious pitfalls to buying a home that you ... Read More about Should You Buy a House? Pros and Cons of Home Ownership
Real estate investing has long been a popular way to invest to grow your wealth. There are any reasons real estate investing is popular, including the tax benefits that allow you to tax deductions, ... Read More about What Is a 1031 Exchange for Real Estate?
From the advertisements you see on daytime television, it would seem like reverse mortgages are the easy answer to any senior citizen who finds that he hasn’t saved enough for retirement. But what ... Read More about An Introduction to Reverse Mortgages
When my wife and I purchased a home a few months ago, we decided to use a VA Loan, which is a benefit available to US military veterans. VA Loans make it easier for military veterans to purchase a ... Read More about VA Home Loans – an Overview