Extra rooms can quickly turn into catch-alls. You move in, and suddenly that space ends up full of holiday decorations, old school projects and the extra chair you can’t find anywhere else to place. But…
If you have a mortgage (or are in the process of getting one), then you’ve probably heard the term “amortization” before. Put simply, amortization is the act of spreading your loan balance out into equal…
The homebuying process is complicated — especially for first-time buyers. To make matters worse, there are a ton of misconceptions out there that can throw a homebuyer off even more. A couple of examples?You need…
When you’re applying for a mortgage, you know that your credit score plays a big role in your approval — and it can affect your interest rate too. But do you know how your score…
Down payments can be a big hurdle when buying a home. In fact, nearly a third of first-time buyers received money from friends or relatives to source their down payment. Are you considering a similar…
A 30-year, fixed-rate home loan isn’t right for everyone. Depending on your plans, it might actually cost you more in the long run. Though they’re less common, adjustable-rate mortgages (ARMs) are a better fit for…
There’s a lot to consider when you’re searching for a home. You have to ask important questions: Which features are must-haves and which ones are simply desirable? How far are you willing to commute to…
You’re thinking of buying your first home — a place to call your own. But, like many, you don’t even know where to begin. The process of buying a home seems so complicated and expensive….
There’s nothing like walking into a house and realizing it’s the one — your dream home! But before you go house hunting, you should get preapproved for a loan that’s just as perfect for you….
You’ve just purchased insurance for your new home. But now you’re wondering if you’ll receive reimbursement if your detached workshop or beloved antique vase is damaged in a fire. The ins and outs of homeowners…