The most common home loan, by far, is the 30-year fixed-rate mortgage. It spreads out the principal and interest in an amortized pattern over three decades, allowing for manageable payments. It’s a go
Nov 01, 2022
Public school teachers are in high demand right now. A recent study estimates that there are 36,000 open teacher positions across the U.S. right now. Perhaps the rising teacher shortage is due to the
Oct 20, 2022
In today’s competitive housing market, it is smart to look at all the possible avenues for becoming a homeowner. Especially if you are a first-time buyer or have less-than-perfect credit, it can be di
Oct 11, 2022
If you are interested in becoming a homeowner, you may want to know how buying a home will affect your annual taxes. There used to be a lot of talk about homeownership tax deductions, so will your tax
Oct 04, 2022
On your path to homeownership, you may be unsure when it makes the most financial sense to take the plunge. Monthly mortgage payments can sometimes be more expensive than rent prices, and there are ad
Sep 29, 2022
LTV Defined
The loan-to-value ratio is the comparison of the mortgage balance to the market value of the home. It is calculated by dividing your loan amount by the value of the property you currently
Sep 22, 2022