When financing a home, you have a lot of choices, including the term of your loan. It's estimated that 80 percent of all home buyers elect to take out 30-year fixed-rate home loans. It's a popular option because of the low monthly payments.
Less... (Read More)
The VA home loan program was developed in 1944 as part of the original Serviceman's Readjustment Act. Since then, it's gone on to help thousands of veterans realize their dreams of homeownership.
That said, there are many myths and... (Read More)
When buying a home, your credit score has a significant impact on your monthly mortgage payment. Generally, the higher your credit score, the lower the mortgage rate you may be able to qualify for. Likewise, the lower your credit score, the higher... (Read More)
Considering how hectic each day can get, home maintenance may be the last thing on your busy mind. But keeping your home in shape from top to bottom can provide delightful dividends for you and your family. After all, a home is usually happiest when... (Read More)
You've found the home of your dreams, the seller has accepted your offer and your loan application is being processed. When is the best time to "lock" your mortgage rate? And for how long should your lock be effective? If you're buying or building a... (Read More)
In the market for a new home? Purchasing a home is definitely something we don't do every day. So it's easy to make mistakes, and when it comes to home buying, mistakes can be costly. Here are some of the most common errors made by first-time... (Read More)
Buying a fixer upper is something many people scoff at and then run the other way. Unfortunately, they could be missing something really valuable. If you're one of these people, take a minute to read over the pros and cons of buying a home that... (Read More)
When it comes time to sell your home, you'll need to decide which types of repairs and improvements you'll want to make before it's listed for sale. Should you update your kitchen? Apply fresh paint to the living room? Plant flowers? Clean or... (Read More)
A 2018 survey by the National Association of Home Builders found that 76% of potential homebuyers estimated they could afford fewer than half of the homes for sale in their markets. With statistics like these, it's no wonder many Americans think... (Read More)