How to Get Rid of PMI As Soon As Possible
Everyone knows that buying a home is expensive as heck—but the list of extra costs associated with buying a home can be shocking. Aside from closing costs, there are home…
Here’s When You Should (and Shouldn’t) Buy Mortgage Points
Even when the market isn’t hurting prospective buyers, closing on a home is always tricky. When you’re securing a home loan, there are a lot of decisions to make—and for…
The Truth About Buying a $1 House to Fix Up
Home ownership is a big part of most people’s dreams for the future, but with home prices are still going up and higher interest rates making mortgages unaffordable, it can…
These Are the Hidden Costs of Buying a House
The housing market looks like hell for the foreseeable future. Your home is probably the most expensive thing you’ll ever own, and that expense goes beyond the closing price. For…
The Difference Between a Mortgage’s APR and Interest Rate
When shopping for a mortgage, you’ll likely encounter two key terms: Annual percentage rate (APR) and interest rate. While these terms often get thrown around interchangeably, understanding the difference between…
What Is a Home Swap Loan, and When Should You Get One?
If you only go by stock images, buying a house is a pleasant if not serene experience filled with shiny, happy people finally living life to the fullest. If you…
Every Term a First-Time Homebuyer Should Know
Buying a home can be an exciting and rewarding journey, but it can also be overwhelming, especially if you’re not familiar with the jargon and terminology used in the real…
What to Do Right Away When Your Mortgage Gets Sold
You might assume that the lender you used to obtain your home’s mortgage will be the lender you’ll pay off until the bitter end—until the day you get a letter…
What to Consider Before Selling Your Parents’ House
After inheriting your parents’ home, the prospect of selling that house can seem overwhelming. It’s a whirlwind—mentally, physically, and of course, financially. Although emotional attachments to your parents’ home may…
How to Protect Your Finances From a Future Government Shutdown
Last week Congress agreed to raise the debt ceiling, narrowly avoiding a first ever default in U.S. history. While the crisis has been averted for now, the deal only buys…