There's a lot to like about a 15-year mortgage: It typically has a lower rate than a 30-year loan and can be paid off in half the time.
But there's one big downside to this type of loan: You're locked into a higher monthly payment.
That's... (Read More)
Garage doors injure thousands of people each year. Help keep your family safe with these tips:
1. Remind children that the garage door remote is not a toy. Keep the garage opener remote out of reach of children.
2. Teach children to keep their... (Read More)
If you're a homeowner thinking about refinancing, you have two options for covering your closing costs if you're not paying for them with cash. They are:
Taking a higher mortgage rate. In this scenario, often called a no-cost refinance, you avoid... (Read More)
You've found the home of your dreams. Before you make an offer, take a bit of time to explore the neighborhood and make sure it's right for you and your family. A good way to do that is to drop by at different times of the day. Here are some good... (Read More)
If you're getting ready to buy a home, there are a lot of things you should do, such as getting pre-approved for a home loan. But there are also a few things you don't want to do.
1. Change your job. Now is not the right time to become... (Read More)
Ever hear the terms REO, bank-owned, short sale or HUD home? And have you even wondered what the heck all those terms mean? Here are some definitions used to describe common types of distressed properties:
Foreclosure: This refers to the process... (Read More)
How prepared are you in the event of a fire in your home? Do you have an emergency escape plan? Do you have a fire extinguisher? What about your smoke detectors - have you checked them lately?
Smoke detectors are one of the most overlooked safety... (Read More)
Summer is here and that means it won't be long before you start to crank up your home cooling expenses.
Did you know that according to the U.S. Department of Energy, nearly half of your yearly utility bills go to heating and cooling? But... (Read More)
Ready to buy your first home? Your first step is to visit a mortgage lender to see how much house you can afford. But be prepared for the paperwork that comes with it. Here are the documents you'll be asked to provide as part of the loan application... (Read More)