You’ve learned that a better credit score equals a better interest rate on a home loan. The next topic that you’re interested in exploring is a natural follow-up: how to improve your credit score to buy a house. Mastering this subject can really pay off.
You have extra cash. Now, you have a question: Is making extra mortgage payments a good idea? The answer may seem obvious, especially if you’ve always dreamed of owning your home outright and living without a mortgage payment. However, the reality is that there isn’t one right answer to that question. Instead, you need to
What is a cash-out refinance? If you’re a homeowner with sufficient equity, it’s a path with many possibilities. A cash-out refinance lets you turn your home equity into cash, and as The Mortgage Reports points out, “there are no rules about how you can or can’t use the funds from a cash-out refinance.” With that
What are mortgage discount points? The prospect of a discount may seem promising, and mortgage discount points are a real bargain for the right person. However, these points aren’t the best path forward for every homebuyer. Should they be on your shopping list? To determine that, you’ll need to learn a bit about them and
Homeownership is often discussed as a dream, a responsibility, or an investment. It can certainly be all of those things, but what makes it worthwhile? If you’re trying to decide whether or not you want to buy a home, exploring the benefits of homeownership might help you make up your mind.