When trying to trim a monthly budget, most people don’t consider their fixed expenses. These recurring costs, which include mortgage payments, insurance premiums and subscription payments, are easy to budget and plan for since they generally remain constant throughout the year. While people tend to think there’s no way to lower fixed expenses, with a […]

Unless you were recently selected as the No. 1 pick in the NFL draft or released a hit album, you probably won’t pay for your new house in cash. Like millions of Americans, you’ll take out a mortgage. Before you begin your housing search, try to get a mortgage preapproval, which is usually good for […]

Having a little piece of the world to call your own has always been a cornerstone of the American dream. Couple it with a picket fence and a dog, and you’ve got a perfect Norman Rockwell vision of Americana. It all begins with home ownership. Yet, for many people, this has been a dream deferred. […]

What benefits are there to refinancing my current home? When you refinance you are paying off your current lender and starting a new loan. What new loan you decide on will depend on what you are looking for. Do you want a lower rate and payment? Are you looking for a shorter term to pay […]

I read this really informative brochure with some “must ask” questions if you’re thinking about getting a mortgage. The information is from the Credit Union National Association and I wanted to share some of it with you.