Four Benefits of Adjustable-Rate Mortgages
If you are in the market to purchase a home, one mortgage option you might consider is an adjustable-rate mortgage (ARM). These mortgage loans offer an alternative to 20- or 30-year fixed rate mortgages and might allow you to purchase more home for your money.
The Hidden Costs of Buying a Home
With real estate gaining value and interest rates holding steady, the idea of homeownership is a compelling one. However, first-time home-buyers are often surprised to discover that purchasing property is a detailed process with additional costs that go beyond a home’s “sticker price.”
USDA Rural Development Loan Requirements
The USDA's Rural Development (USDA) Program is designed for those who live in rural areas and want to own a home but may find the path to homeownership a hardship. If you’ve been longing to own a modest home in the country but thought it was beyond your reach, it may not be.
Home Financing: FHA Loans Versus Conventional Loans
The differences between FHA loans and conventional loans, two common types of home mortgages, come down to a number of factors ranging from a buyer’s credit score and down payment to loan caps and property standards.
How Does Home Refinancing Work?
Refinancing your home is kind of like getting a mortgage — with way less stress and complications. When you’re thinking about a refinance, you no longer have to worry about whether or not you can get the home, because you live there.