With home loan interest rates at an historic low, many people are rethinking the adjustable rate mortgage. This type of mortgage rate, which is commonly abbreviated as ARM, comes in a few different flavors. Unlike fixed mortgage rates, they fluctuate over time. The majority of homeowners – roughly seven out of ten, according to Bankrate.com – prefer fixed rates for this reason. Although they have traditionally gotten a lot of bad press, ARMs might be worth a second look. At the very least, it is good to familiarize yourself with the pros and cons of the adjustable rate mortgage.Read More
Back to School shopping doesn’t have to break the bank — here are 7 tips to help you be frugal.Read More
As an active police officer, I understand the potential stresses and financial burdens our everyday heroes go through on a daily basis. With the increased medical coverage and pension contributions over the past few years, many of our paychecks are…Read More
Housing is by far the average American homeowner’s biggest expense. Of course, household expenses can fluctuate – transportation costs slip when the price of oil drops or the cost of food rises based on weather and crop yields. But, monthly mortgage costs are often double that of energy or other expenses.Read More
Believe it or not the cost of groceries has declined over the last year. Depending on where you shop, you might not have noticed the change. But, even with prices coming down, the cost of putting good healthy food on the table for you and your family can be prohibitive.Read More
Until recently, coloring was deemed a mindless children’s activity primarily designed to aid toddlers and elementary-age children in the development of fine motor skills. Throughout the last few years, however, employee self-care has become an increasingly relevant workplace concern. As a result, the practice of coloring has surged in popularity as a useful adult stress-relief tool.Read More
Looking for a new home? We can give you a step by step path to follow.
Most often a prospective homebuyer’s first question is, “How much can I afford?” The answer many lenders provide better answers the question, “How much can I borrow?” Many lenders only consider what you are able to pay each month, then tell you how much you can borrow.Read More