When to Refinance Your Mortgage

When to Refinance Your Mortgage

When to Refinance Your Mortgage. 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...

The Pros and Cons of Prefab Homes

The Pros and Cons of Prefab Homes. If you can’t find a house you want to buy you may be tempted to build your home yourself. In that case, you’ll need to choose between a stick-built house and a prefab home. Stick-built means your home is built the...
The Advantages & Disadvantages of Buying a Condo

The Advantages & Disadvantages of Buying a Condo

The Advantages & Disadvantages of Buying a Condo. Wondering if buying a condo is right for you? Investing in a condo can come with some great benefits, but there are also some downsides you may need to consider. To help you make the best choice, here are...
How Interest Rates Affect the Housing Market

How Interest Rates Affect the Housing Market

How Interest Rates Affect the Housing Market. Mortgage loans come in two primary forms—fixed rate and adjustable rate—with some hybrid combinations and multiple derivatives of each. A basic understanding of interest rates and the economic...