Housing Finances

This article includes general information. Mortgage laws vary by state. Contact a mortgage lender in your state for specific details. Let’s cut right to the chase here: Real estate transactions can get complicated. Most of us simply don’t purchase enough...

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Buying a home is one of the most important investments you can make. Becoming a homeowner is an exciting milestone, but the process can be intimidating. After diligently saving for a down payment and choosing a reputable mortgage lender, you’re...

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When you buy a home, you’re making an investment in yourself and your future. You’re building financial stability, equity, and experience. You have a place to call your own and you can customize the space just how you want. Yet,...

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The Federal Reserve recently lowered interest rates in an effort to stimulate the economy during the coronavirus pandemic. As a result, more and more people are becoming interested in refinancing their mortgage. Depending on the situation, refinancing your mortgage can...

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If you’re like the majority of homeowners in the U.S., you make your mortgage payment monthly, with the idea that someday you’ll own your home outright. As you continue to pay off your total balance, your home equity rises and...

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If a majority of your monthly mortgage payment goes toward interest rather than your principal balance, you may be looking to refinance. Refinancing is a common route many homeowners take to lower their monthly mortgage payment because it allows them...

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One of the most exciting parts of becoming an adult is moving out of your old place and starting your own life. However, as is the case with most major life events, moving out comes with a lot of added...

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We’re all looking for ways to cut down on expenses — especially fixed expenses that lock us into a contracted bill month after month. One common way to spare your budget is to decrease your living expenses, including your house...

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For millions of American homeowners, their mortgage payment is one of their greatest financial commitments. With mortgage rates hitting record lows this year, it’s no wonder that people are interested in the possibility of refinancing their homes. Instead of only...

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