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Now can be a great time to buy a house, especially if you’ve never owned one before.  The Government is offering significant tax credits to first-time home buyers and the interest rates are [...]

Refinancing can have other financial benefits besides lowering rates. Locking in rates can protect you from higher rates, saving you money on future interest costs. You can also change your ARM [...]

Home Mortgage Refinance is taken up on the same property the first loan was taken. Home Mortgage Refinance is a very effective way to handle debt-related problems. Borrowers take refinance for a [...]

The last post looked at the advantage of a 30-year mortgage over a 15-year one, provided you invested the difference into a low-cost index fund. For more, see Benefits of a 30-Year Mortgage. We [...]

With interest rates on mortgages being extremely low, many people are looking to purchase their first home or possibly just a new one. What are the actual costs of two different types of popular [...]

Your home mortgage is often the largest debt most people have. To buy a home, taking out a mortgage is necessary, but have you thought about a mortgage debt reduction plan to pay it off quickly? [...]

Have you heard the financial pundits tell you that you need to do a 15-year fixed one? They tell you to do this to save you tens of thousands of dollars in interest payments as compared to a [...]