How much house can I afford?

How much house can I afford?

How much house can I afford? What factors help determine ‘how much house can I afford?’ Key factors in calculating affordability are 1) your monthly income; 2) cash reserves to cover your down payment and closing costs; 3) your monthly expenses; 4) your...
Refinancing can save you money or cost money

Refinancing can save you money or cost money

Refinancing can save you money or cost money Refinancing a mortgage means paying off an existing loan and replacing it with a new one. There are many reasons why homeowners refinance: To obtain a lower interest rate To shorten the term of their mortgage To convert...
How to identify mortgage fraud

How to identify mortgage fraud

How to identify mortgage fraud Avoiding fraud Unfortunately, during times of hardship people are often targeted by fraud artists. How to identify mortgage fraud During times of crisis, there is an increased risk of scams and fraud. There are many organizations that...
Townhouse vs. House: Which one is Right for You?

Townhouse vs. House: Which one is Right for You?

Townhouse vs. House: Which one is Right for You? Townhouse vs. House: Which one is Right for You? You have a lot of decisions to make when buying a home. But to start, you must decide which type of home you want to buy — a townhouse or a house. To help you gain a...