Understanding the factors influencing property taxes and strategies to manage these costs is important knowledge for first-time homebuyers and seasoned homeowners alike. While the principal and interest portion of a fixed-rate mortgage payment doesn’t change from year to year, total mortgage payments can be impacted due to changing property ... More
For many, purchasing a home may feel out of reach due to current lease obligations. While there are some associated costs and other factors to consider, choosing to terminate your lease early to purchase a home may prove beneficial under certain circumstances. Here’s when it may be a good ... More
After a volatile 2024, most experts and trusted forecasts from the Mortgage Bankers Association predict a more stable market in the new year. More
What comes to mind when you think of a “starter home”? Historically, the terms “Cheap,” “run-down,” and “bad investment” may have popped up. However, in recent years first-time buyers are turning the notion of a More
With the holiday season comes celebrations, traveling and gathering with loved ones. While this is a treasured time of year for many, it can be straining on a budget. Increased spending on gifts, decorations, parties and travel costs are to be expected during this time. If you’re planning to ... More
As consumers, many of the goods and services we buy and sell have prices and values that fluctuate based on the season. For example, you may be able to score a better deal on a speedboat in the middle of winter than if you were to buy it in the ... More
Understanding how and when to refinance your mortgage is crucial for maximizing savings and reaching your financial goals. Homeowners might consider refinancing for a variety of reasons based on their unique situation and circumstances. Most commonly, refinancing is done with the goal of securing a lower interest rate, shortening the ... More
Throughout your house hunting journey, you’re likely to come across the terms “pending” and “contingent”. While they may seem interchangeable, these terms describe two different stages of the real estate transaction process. Understanding these terms is important to homebuyers as they can help determine how close a property is ... More
