New Year, New Home? Exploring Adjustable-Rate Mortgages
Will 2024 be the year you buy a home? If you’re anxious about affordability, you’re not alone. Sellers are struggling to sell and mortgage rates have reached 8% for the first time since 2000. Real estate economists predict rates will drop slightly in 2024, but not enough for real relief. One option gaining traction: Adjustable-rate mortgages. While not without its risks, ARMs can provide relief in a few different ways.
Reorganizing Your Finances After Buying a House
In this article, we’ll unravel the intricacies of reorganizing your finances after buying a new home, ensuring your path to homeownership remains smooth and secure.
How to Buy a Home When Rates Keep Rising
Whenever you watch the news or read the latest headlines, someone claims that home ownership is no longer attainable due to rising interest rates. But is it true? Or is it just another thing to hype in the day’s news cycle?
Preparing for a Home Makeover
Remodeling your home is an excellent way to extend the life of your house and increase its value. However, before you jump right in, review the following tips to help you prepare for your home makeover.
Unleash the Power of Your Home’s Equity
A home equity loan allows you to affordably borrow against the equity in your property – providing a slew of financial perks that shouldn’t be ignored.
How to Protect Yourself from Real Estate Wire Fraud
Real estate wire fraud spiked during the pandemic and continues to haunt homebuyers today. The best way to protect yourself from this type of scam is to familiarize yourself with how it works.
How Much Cash is Needed to Buy a Home?
The following guide outlines the upfront and ongoing costs prospective homeowners should prepare to cover as they progress through the homebuying process.
Why Adjustable-Rate Mortgages are Making a Comeback
While conventional fixed-rate mortgages reign king during periods of low rates, other home loan options shine in uncertain markets. One of these loans is an adjustable-rate mortgage or ARM.
Understanding the Components of a Mortgage Payment
One area that first-time homebuyers struggle the most to understand is their monthly mortgage payment.
Understanding the Home Buying Process
If you are getting ready to buy your first home, you should make sure you understand the home buying and mortgage process.
10 Quick Facts About Getting a Mortgage
Are you ready to buy a home? Here are 10 quick facts that can help you find out.