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Tag: Financing Options

Are Home Warranties Worth The Money?

Those who own homes might regularly receive mail advertising something called a home warranty. Many people end up tossing these leaflets away because they think this is just another form of home insurance, which many people get through their mortgage lender. In reality, a home warranty is not home insurance. Therefore, some people might be wondering whether or not a home warranty is worth the money.

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How To Pay Off Your Mortgage Early: 4 Methods That...

While a mortgage is a necessity for many people who have the dream of owning a home, it is also a form of debt. Most people do not like owing money to someone else. Therefore, homeowners might be looking for ways to pay off their mortgage early. The reality is that people are charged interest for having a mortgage. If a mortgage is paid off early, this is less money than the bank will take and more money in the pockets of homeowners.

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What Is Pooled-Funds Investing?

Under the Jumpstart Our Business Startups (JOBS) Act, which was signed into law by President Obama on April 5, 2012, the Securities Exchange Commission (SEC) relaxed the rules about advertising investments. This allowed the trend of crowdfunding to expand dramatically giving real estate investors more opportunities for pooled-funds investing.

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How Do Mortgage Points Cut Your Interest Costs?

Those who are involved in the real estate industry likely know that mortgage rates are at an all-time low. At the same time, nobody wants to pay more for a house than they have to. Some of the most important factors that dictate how much someone is going to pay for a house include points and interest rates.

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Home Sales Are Spiking, Driven By Low Mortgage Rat...

According to data from the National Association of Realtors, existing-home sales increased by 3.6% in December 2019. That pace is the strongest month-over-month in almost two years, since February 2018. The sales figures were also up 10.8% from what they were in December 2018.

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Coronavirus (COVID-19) Concerns Lead To Drop In Mo...

The issues surrounding the Coronavirus (COVID-19) epidemic have impacted the entire world. This includes the stock market right here at home. The stock market has plummeted and so, too, have mortgage rates. While the Coronavirus (COVID-19) gives everyone cause for concern, real estate agents are saying that now is the right time to buy a house.

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The Long-Term Toll Of College Costs

Taking out enormous student loans to get a college degree may be a terrible idea for some. The burden of paying off this debt can make it far more challenging to do other important things like buying a home.

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Wealthy Seniors Can Benefit From Jumbo Products

Individuals who own their homes with a considerable amount of equity should consider looking into proprietary jumbo reverse mortgages. These can be helpful tools that may allow seniors to either pay down an existing mortgage or fund their retirement.

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