One of the measuring sticks that many people use to determine if they are successful is the value of their home. Being able to say, I can afford a million dollar home, is a milestone that many would agree in saying represents success. … [Read more...] about How Much Income Do You Need To Afford a Million Dollar Home?
Homeowners refinance their mortgage for a variety of reasons. With a lower interest rate, they may lower their monthly payment. The term of the mortgage could be shortened to payoff the loan faster. Some choose refinancing to cash out equity in … [Read more...] about What To Expect When Refinancing Your Mortgage
Mortgage interest rates have been at or near historical lows for years now. Many people have taken advantage of this by purchasing a home, or refinancing their current mortgage. Those that have been contemplating one of these moves may … [Read more...] about 3 Mortgage Rule Changes For 2014 You NEED To Know