Buying a Home: How Long Will You Be There?
Many people are excited about buying a home right now. This, of course, makes sense. Prices are low, and so are mortgage rates. This means that you can get a good deal on a home, and pay less in interes. However, before you pull the trigger, you need to consider whether buying a home is right for you right now. [ad#Left-Align Content Ad]There are a More...
Are Mortgage Points Tax Deductible?
[ad#Content 300x250] One of the ways that you can reduce the interest rate on your home mortgage loan is to pay points. A point is equal to 1% of the cost of your loan principal. If you get a mortgage for $180,000, More...
Are Mortgage Rates Going Down?
If you are in the market for a home mortgage, you might be in luck. Mortgage rates appear to be going down – again. Indeed, Freddie Mac reports that the average 30-year fixed rate mortgage is going for 3.25%. [ad#Content More...
Is Now the Time for a Home Equity Loan?
Right now, interest rates are at record lows. This means that if you are going to borrow money, now is a good time to do it. (It is also a good time to pay down debt, since more of your payment will go to principal.) More...
Why Now Is The Time To Invest In Real Estate
Everyone is down on real estates. Construction companies, analysts, and home sellers are all pessimistic about the outlook for the housing sector. They have good reason to be negative based on all of the information More...
Should You “Double Down” on Housing Right Now?
There’s an interesting new phenomena brewing where people enticed by low rates and home prices well off their recent highs are “doubling down” on housing, essentially betting the house if you will, More...
How Much Should You Really Spend on a Home?
[ad#Left-Align Content Ad]We’ve been mulling over a move and it’s been a balance of fiscal restraint vs. getting the actual home we want in a more expensive school district that makes a move even worthwhile. More...
Buy Now Before Mortgage Rates Rise? Not So Fast
It’s both amusing and frustrating to continue to see history repeat itself in that purported “experts” (who are often really acting out of pure self-interest) dole out advice which is both devoid More...
5 Essential Things to do Before Buying a Home
You’ve probably heard that we’re in a buyer’s market. Home prices are low, and mortgage rates are low. And, since the home buyer tax credit has expired, there is speculation that home prices could More...