Personal Finance and Home Buying Education
Should You Roll Your Student Loans Into Your Mortgage?
Student loan debt is a major burden for millions of Americans. In 2023, the total outstanding student loan debt in the United States is over $1.6 trillion. The average monthly payment for those with outstanding student loans is over $300.…
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4 Reasons to Do an Annual Mortgage Checkup in 2023
Mortgage rates have been on the uptick in 2023, and home values are still rising, although not as quickly as they did in the past few years. This means that it’s more important than ever to make sure your mortgage…
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The Difference Between a Co-Borrower and a Co-Signer
You’ve probably heard the terms “co-borrower” and “co-signer” used interchangeably, but there are some very important differences between the two. If you’re thinking about taking out a mortgage or a home equity loan with someone else, it’s important that you…
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Jumbo vs. Conforming Loan: What’s the Difference?
If you’re new to home buying, you’ll probably notice that there are a lot of mortgage loan types to choose from. From fixed rate and adjustable rate to FHA, jumbo, and conforming loans, the choices are endless—and probably more than…
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Which Two Mortgage Types are the Easiest to Get Approved For?
Since 2009, the government has imposed massive regulations on banks to avoid a repeat of the housing crisis. The Consumer Finance Protection Bureau developed the rules, which were mandated by the Dodd-Frank Act, to prohibit many of the loose practices…
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How to Protest Your Property Taxes (And When)
If you haven’t been paying attention, things are expensive nowadays. Everything seems to be skyrocketing in price. From food, to used cars, to gas, to rent to home prices. It’s as if someone has been holding a beach ball under…
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Questions and Answers About Home Equity
There are several ways to finance a big home improvement project. One is to refinance for cash out, the other is to apply for a home equity loan or line of credit. Here is what you need to know
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What to do if your home is “Underwater”
According to the World Economic Forum, global sea levels are rising and some of the world’s greatest cities could be underwater by the end of the century. Well, there is also a rising breach in the real estate market that…
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Understanding the Connection Between Inflation and Interest Rates
Well, 2022 is over and it’s been another wild and crazy year. 2022 saw inflation start at 7 percent then rise as high as 9.1 percent only to ease back down to 7.1 percent in December. At the same time…
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Everything You Should Know About Property Taxes
Over the last few years, homeowners have hit the jackpot in terms of home values. We’re talking double-digit gains in most cases. However, there may be a little devil hiding the details. Yes, we’re talking about property taxes. According to…
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