Personal Finance and Home Buying Education

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…

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…

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…

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…

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…

While home prices and mortgage and interest rates are rising, so are monthly rents. Rising rates and prices, however, should not be enough to keep you from purchasing a home. Take a look at the graph below, rents are absolutely…

Probably the biggest thing holding many first-time buyers back from getting into their starter home is the 20 percent down payment. Not only is it a big chunk of change, but it also must be seasoned. No, not with salt…