mortgage
Woman moves in with boyfriend but refuses to help pay mortgage and he loses patience
Moving out together is a big step for any couple, but for one woman, it turned out to be a financial headache. In a post on a popular online forum, the author, a 29-year-old woman, explained that her 33-year-old boyfriend asked her to move in with him, but he wants her to contribute to the […]
Should You Refinance Your Mortgage?
If you are considering refinancing your mortgage, you are not alone. Millions of people refinance their mortgages every year for a myriad of reasons: to get a lower interest rate, to lower monthly payments, or to speed up mortgage repayments. Whatever your reasons for considering refinancing, we’re here to walk you through the pros and […]
How to pay off your mortgage early
A mortgage is great because it means you are investing in a valuable asset. At the same time, no one likes to be in debt, and mortgages are heavily indebted. That is why many people want to pay off their mortgage as quickly as possible. Paying off your mortgage early can take the stress out […]
Mortgage Loan Prequalification Calculator: How Much Can You Borrow?
Most people seriously underestimate the true cost of buying a home. They start hunting for a house with big dreams, but are disappointed when they go to the bank and find out they can only qualify for a much smaller mortgage than they had hoped for. That’s why we created this Mortgage Loan Prequalification Calculator. […]
Income to Mortgage Ratio: What Should Yours Be?
These questions are often asked by first-time homebuyers: What percentage of my monthly income can I afford to spend on mortgage payments? Does this percentage include property taxes, private mortgage insurance (PMI), or homeowners insurance? Today I will answer these questions to make your home buying a little easier. Consider Your Total Housing Payment, Not […]
Can you negotiate mortgage rates?
Mortgage rates have doubled from last year, and you might be wondering: Can I negotiate a better mortgage rate with a lender? It seems crazy to answer the bank and say, “How about I give you 5.75%?” — but I’m here to tell you that it is indeed possible. Under certain circumstances, you can negotiate […]
Does a 1% mortgage rate difference matter?
When you start thinking about buying a home, you’ll hear all about mortgage rates and how terrible it is when they go up, how great it is when they go down, or even why low mortgage rates are no good. always good. Your mortgage rate is simply the sum of the interest charged by the […]
Mortgage Broker vs Lender – Here’s What You Need to Know
A mortgage broker and mortgage lender help you achieve the ultimate goal of home ownership. What is the difference between a mortgage broker and a mortgage lender? The most significant difference between the two is that a mortgage broker helps those looking for a mortgage find the best lenders. A lender is a bank or […]
How to get a second mortgage on your rental property
Sounds like getting a second mortgage terrifying… When most of us think back to the long process of buying a home for the first time, it’s hard to imagine why anyone would want to do it. again… In fact, there are a number of reasons to take out a second mortgage: Pay for college tuition. […]
Online and traditional mortgage lenders
Buy a house on the market? Then you’ve probably done a little bit of work on how much mortgage you can qualify for. There are several different types of mortgages, from traditional mortgages to large mortgages, government backed mortgages, fixed rate or adjustable rate mortgages. But did you know that most of these types of […]