If you’re currently in the market for a new home, you may be wondering if you should wait until after the holidays to buy. While spring and summer tend to see the bulk of home sales, it doesn’t mean they’re the best times to buy a house. Take a minute to explore the pros and cons of buying a house around the holidays.
Many consumers shop for home insurance policies once and then forget about it. Outdated assumptions about homeowners insurance, however, can cost you a bundle. Here are some guidelines to help ensure you have the right coverage for your home.
As a homeowner, you’d probably love to lower your monthly mortgage payment. Refinancing your home loan is one way to do this, but how do you know if refinancing is the right option for you? There are many factors to consider before choosing to refinance. Here are some of the better reasons many homeowners decide to refinance.
If you’re desperate to own a home of your own, you’re likely saving up until you have 20% of your dream home’s total value. That’s great, but the fact is you don’t need to put down 20%.
The 20% myth is left over from the era after the housing crisis, when many lenders tightened their lending parameters for a while. In fact, since FHA loans were introduced in 1934, mortgages have not required putting 20% down.