Category:
Mortgage
Traditionally, few achievements are more cherished in America than homeownership. We regard the home as castle, shrine, gathering place, and refuge, the bricks, mortar, and timber symbol of our liberty…
The reality is about half of all marriages end in divorce, a shattering experience that forces partners to divide assets and debt. Things can get really complicated, especially when mortgage…
There’s a lot to think about when buying a house. Deciding between a 15- or 30-year-mortgage may not seem like something you want to use a lot of mental energy…
For generations, the 30-year fixed rate mortgage has reigned, like hot dogs and apple pie, as America’s gold standard. We love it for its predictability and affordability. A 30-year fixed…
A lot of us dream of owning a starter home, either to shelter our growing families or as an early investment in our futures. A home, however, is the most…
If you own a home and need money, one of the first thoughts that might shoot into your head is: Can I use the equity in my house as collateral…
There’s a saying borrowed from an old blues song about luck. If not for bad luck, the sad reminder goes, there’d be no luck at all. It’s a proverb with…
If homeownership is the American Dream, then foreclosure is the national nightmare. Foreclosures have increased in 2022, though the numbers should be kept in perspective. That’s because the federal government…
Need some extra cash? Home equity loans are a convenient, low-cost way to borrow large sums at favorable rates. Home equity loans for debt consolidation will have a much lower…
If you need extra cash, HELOCs are hot. Those letters stand for Home Equity Line of Credit, which is a secured loan backed by your home. Instead of taking out…