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Buying a Home Effect of High-Inflation on Housing The news is full of stories about rising prices affecting your wallet. Naturally, if you’re considering purchasing a home this year, inflationary concerns like increasing consumer costs and supply chain “woes” make you wonder if you should wait to buy. Investopedia explains that prices rise across the board during high inflation. Understandably, the cost of homes isn’t resistant […]
Mortages Taxes Insurance Be Satisfied with Your Lender Selection with These Tips Homebuyers often do not realize how complex and competitive the lending process can be. For many (especially first-time buyers), there is only a hazy idea of “the bank” approving or denying them a mortgage. Understandably, many consumers are not educated on how to shop for a loan or that investing a little time upfront can […]
Mortages Taxes Insurance Tips for Saving on Your Homeowners Insurance Homeowner’s insurance is vital for protecting your investment. Lenders also require coverage if you have a mortgage on your home. For some reason, many homeowners overlook ways they can save money on their premiums. Shopping around is a good idea, but like auto insurance, there are many simple things you can do to impact how […]
Mortages Taxes Insurance How Property Taxes Can Impact Your Mortgage Payment When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? When applying for a mortgage, you’ll see one of two acronyms in your paperwork, P&I or PITI, depending […]
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