Term: mortgages
5 found

Are the Biggest Counties in America Affordable for Homeowners?

By Steven Shaw on 10/9/2014

Are the Biggest Counties in America Affordable for Homeowners?

You don’t need a chart to tell you it’s expensive to buy a home in most large U.S. cities. You’ll probably be surprised to learn that average salaries don’t come close to paying for average homes in most places, however. You might be really surprised at how affordable some places are. But above all, you’ll almost certainly be shocked at just how much difference geography makes in the price of a home. 

homeowner
homeownership
mortgages

5 Ways Buying a Home Can Hurt Your Credit

By Steven Shaw on 5/14/2013

5 Ways That Buying a Home Can Hurt Your Credit

I remember when I bought my first house. It was a great feeling of pride to be standing in a place that I owned, that I could call my home. Aside from being a place to rejuvenate from your busy day while you spend time with your family, a home is also a key step toward building a financial nest egg that you will rely on for years to come.

budgeting
credit score
mortgages

Is Paying Down Your Mortgage Fast a Bad Idea?

By Steven Shaw on 4/29/2013

Is Paying Down Your Mortgage Fast a Bad Idea?

Making extra payments on your mortgage?  Many people do — they’re anxious to get that mortgage paid down as quick as they can.  But especially with interest rates this low, that might not be the best place to put that next dollar.

So what are the top five reasons to postpone that mortgage burning party?

Home Loan
managing debt
Mortgage
mortgages

Renting or Owning a Home: What’s Right for You?

By Steven Shaw on 4/24/2013

Renting or Owning a Home: What's Right for You?

At this time, when housing prices are starting to rebound and interest rates are still very low, a lot of people are saying that you should buy a house in 2013. But is homeownership the right choice for your finances? The answer of course, is “it depends.” However, for many of us there is a clear answer based on where we live, how much money we have saved up, and what our future plans are.

The “Rent vs. Own” debate has been raging for decades, and will no doubt continue for many decades to come. Here are some important factors you should consider to help determine whether renting or owning a home is the right decision for you.

homeownership
mortgages
mortgages

The First Thing to Do Before Buying a Home

By Steven Shaw on 2/22/2013

The First Thing to do Before Buying a Home

Home prices in most parts of the country are just about as affordable as they are likely to get, and mortgage rates remain super low. Together, those factors mean that many people are thinking about buying a home. Some will be first-time homebuyers, while others will be “boomerang” buyers who lost their homes in the housing meltdown but are now hoping to get back in. Still others may see this as the best time to upgrade to a larger home, downsize to a smaller one, or to move to the retirement locale of their dreams.
credit score
home loans
mortgages