Mortgage interest rates are hovering near historic lows. At many lenders, rates are well below 4 percent. For a brief period in March, rates even dipped briefly below 3 percent. Not surprisingly, many homeowners are asking themselves, “Is now the time to refinance?” The answer is … maybe. Before you consider refinancing your existing mortgage,…
How quickly they grow up. Spend a few minutes talking to parents whose children are now grown up and you might hear a common refrain that goes something like this: the years go by so fast, one day they were in diapers and the next day they were moving out of the house. When a…
When was the last time you reviewed your mortgage to make sure it was providing you with all the financial benefits possible? A mortgage is the largest investment many of us will make in our lives, but the longevity of a mortgage loan can make it easy to “set and forget,” resulting in missed opportunities…
It’s a dream for many of us. The cabin up north, or maybe it’s a vacation home down in Florida or Arizona. A place to make memories with the family or enjoy our retirement years in peace and tranquility. But then reality sets in. How much can I really afford? When is the right time…
TV shows and realtor advertisements do a great job of showing the last step of becoming a first-time homebuyer – smiling while you take possession of the keys on the front step. It’s no surprise that buying a house involves a lot of moving parts, but most first-time buyers never learn that they can take…
They’re not all the same. The right mortgage can open the door to the life you want—not just the house you want. With some honest reflection and trusted advice, you can get more out of your resources, secure special terms, and make your offer more attractive to sellers. Here are some things to consider when…
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