When it comes to finding a new home, there are lots of complex ratios, terms, and contracts that you'll encounter - and at times, it'll feel like you're trying to navigate a minefield. If you're not careful, you may find yourself signing on for a mortgage that doesn't suit your needs - or one that could financially ruin you. Here are five mortgage terms you may not encounter regularly that you'll need to know when buying a home.
So you've been a homeowner for some time. You've been faithfully paying off your mortgage for years, and you have a fair bit of equity built up in your home - and that makes you proud. But now, you're wondering what good equity is if you're not using it.
How do you actually use home equity? And how do you leverage it to get a high return for low risk? Here are just a few options you may want to consider if you're looking for something to do with your equity.
The rush of excitement that comes with finding the home you've been looking for is ideal, but just because it seems like the perfect place, it doesn't mean there aren't other factors to consider. Instead of getting hit with buyer's remorse, here are some tips so that your home purchase doesn't become something you'll regret.
Mortgage rates fell across the board last week according to Freddie Mac's Primary Mortgage Market Survey. Other economic news included reports on construction spending, public and private sector employment and national unemployment.
If you're planning to complete some renovations on your home before putting it on the market, you may be unsure of the best way to go about finding the right contractor for the job. Here's how you can get to the bottom of who will work the best for you.
A kitchen upgrade may seem like the sort of renovation that will cost a pretty penny, but there are a lot of funky things you can do that will add an easy accent and make for a current look. If you're planning some home improvements in 2016, here are some upcoming trends you may want to try out.