Rising Responsibility: 3 Signs You’re Ready to Take on a Mortgage

Many people dream of being a homeowner. After years of paying rent, you might salivate at the opportunity of calling the shots. However, you can’t just buy a house and call it a day. Most likely, you’ll have to take a mortgage that you slowly pay off. Here are three signs you’re ready to take […]

How Pro Homeowners Pay off Their Mortgage Faster Than Their Neighbors

Imagine the freedom you would feel having the monthly mortgage burden lifted off your shoulders. While paying this amount as a lump sum early in life  is practically impossible, it is possible to reduce the payment term for a mortgage from 30 years to 15 years or even less.  But of course the first step […]

Financial Figures: How to Budget for a Mortgage

Your mortgage is often your largest single expense every month. If you are already living on a tight budget, buying a home might be out of reach unless you can find a really good deal or you plan on doing some renovations yourself. Here are some things to consider when budgeting for a mortgage. Create […]

Home Buying 101: 4 Signs to Look for When Choosing a Mortgage Lender

Buying your first home can be a dream come true and for most first-time buyers, achieving this milestone isn’t possible without getting a home mortgage. A mortgage loan allows you to make a modest down payment up-front, and spread the payments for the bulk of the sales price out across anywhere from ten to thirty […]

3 Things You Need to Know About Jumbo Loans

No, Jumbo Loans don’t have anything to do with buying Elephants but they do have to do with large (or expensive) houses.  According to Investopedia, “A jumbo loan, also known as a jumbo mortgage, is a form of home financing for whose amount exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). As a result, unlike conventional mortgages, it […]

How to Maximize Your Investments & Grow Your Wealth

Everyone knows that they should set aside some amount of money for investment purposes. What isn’t so commonly known, however, is how to optimize your investments for greater stability and better returns. Here are four tips that investors should keep in mind as they build their investment portfolios. Balance Risk and Return Many investors, particularly […]

5 Tips to Consider When Purchasing Your First Home

Buying your first home is one the biggest and most important purchases you’ll ever make. There are a lot of factors to consider apart from getting a fair price and making monthly mortgage payments. Buying the wrong house can be a financial nightmare. Here are some of the things to think about when looking to […]

Improve Your Terms: 3 Tips To Figuring Out Home Refinancing

If you feel that your mortgage is more expensive than it needs to be, you may want to consider refinancing. This may make it possible to get a lower interest rate, remove private mortgage insurance payments or otherwise reduce your monthly payments. What are some issues to consider prior to refinancing a mortgage to make […]

4 Tips For Creating A Solid Family Financial Plan

Having a family means taking on additional responsibilities. Many of these responsibilities involve making sure your family is provided for in a variety of financial ways. This includes all time-frames, in the present, as well as far into the future. However, this is easier said than done. According to CNBC, 80 percent of Americans are […]

How Much Should You Save For A Down Payment On Your First Home?

One of the requirements of buying a home is putting at least a portion of the sales prices down before closing. In many cases, you may be required to put down as much as 20 percent of the purchase price, but this may vary depending on the type of loan you are getting. Knowing the […]