For many homebuyers who are new to the market, it can be very comforting to be on a fixed rate mortgage where fluctuating interest rates cannot have an impact on your monthly payments. While a variable rate mortgage can sometimes lead to significant savings at the end of the day, there are a few ways you can tell if your monthly payment is on the upswing.
3 Tips to Consider when Shopping for a Second Mortgage
Whether you’re considering a second mortgage to consolidate your debt or complete some home renovations, there can be a lot that goes into making this financial decision. If this is an option you’re seriously considering, here are some basics to know before deciding to on this route.
3 Mortgage Mistakes That Could Be Costing You Money
Purchasing a home can be one of the most exciting and stabilizing investments of your life, but because of the expense, there are many ways you may be spending more money than you should. If you’re wondering about the financial soundness of your home investment, here are some things to consider before putting anything down.
3 Things Your Mortgage Broker Wishes You Knew
As the mortgage market has become more competitive, it has become a more common choice for many people to choose a mortgage broker to assist them with the lending process. While it’s great to have someone to help you with the fine details, there are some important differences between what a mortgage broker does and what you might think they do, so here are some things to be aware of.
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