Closing costs are an unavoidable part of the mortgage process. But as of May, some of those costs may change and even increase for some homebuyers and refinancers. This is due to recent changes made…
The cost of living has risen steadily over the past few years, and utilities are no exception. As inflation continues to put pressure on the average American’s budget, it’s no wonder that many home renovations…
Divorce can complicate things — especially for couples who own a home together. Even if both spouses agree on what to do with the house, there’s still the issue of what to do about the…
Homeownership can be a pathway to building generational wealth — in fact, owning a home is so closely linked to long-term stability that it’s been one of the few life goals that’s just as common…
Repairing or replacing your roof can be a big investment. As a homeowner, it’s natural to want to wait until the time is right to get the most out of your roof’s lifespan. As a…
Refinancing is common practice for homeowners, and it’s often a smart financial move. It can lower your payment, reduce your interest rate and more. But when it’s not the right time to refinance, it can…
For both homebuyers and homeowners, understanding how property liens work is important. In fact, they could impact your ability to buy a specific house or make a home cost more. Fortunately, finding out if a…
When you start researching to buy a home, you’ll see the terms “mortgage prequalification” and “mortgage preapproval” thrown around a lot. While they sound similar, they aren’t the same — and they serve different purposes…
Is there a difference between the right house for your current situation versus your ideal home for life? There’s usually a big difference for most buyers, and it’s a good idea to consider both options…
Gift-giving season is upon us — and did you know that you can potentially use gift money to help cover your down payment? You most certainly can. However, there are some limitations and a few…