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Home Buying 101
April 12, 2021
Becoming a homeowner for the first time is no easy task! You have probably heard horror stories from friends about overpaying or missing a crucial piece of information before committing to an offer. Here are a few tips to help you prepare for buying your first (or next) home, so you feel confident in the home you choose to buy!
Before You Buy Start Saving Early –... -
What Homebuyers Need to Know About Adjustable Rate Mortgages
May 26, 2020
Categories: General, Home, Loans
If you’re shopping for a home, you’ve probably heard of an Adjustable Rate Mortgage, or ARM. It’s a type of home loan with an interest rate that changes over time.
The main perk is that it usually comes with an initial low rate, making it an attractive choice for new buyers who may be just starting out in life, or who can’t afford the higher payments of a fixed-rate loan. Likewise, even though the rate will increase in the future, it can also dip, saving you money.
However,...
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Renting Versus Buying a Home
May 26, 2020
Categories: Credit, General, Home, Loans
With the home prices stabilizing and even rising in some cities, many people are wondering if now might be the right time to take the plunge into homeownership. Real estate conditions and individual personal financial situations vary dramatically, so there’s no simple yes or no answer. But here are some issues to consider that can help you decide whether buying or renting is best for you:
Can You Afford It?Today’s...
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Summer Spending Tips
May 19, 2020
Categories: General, Home, Savings
Everybody loves summer, right? School’s out. Students are graduating. Friends are getting married. And everybody’s thinking vacay! Trouble is, the costs for all that fun can add up and sink your savings goals in the process. The good news is that with a little planning, you and your family can enjoy all that summer has to offer, without busting your budget.
Consider these summer spending tips:
1. Visit During the Off-SeasonIf...