If you recently graduated from college and are about to become a homeowner, you’re in a somewhat unique position. So how can you make sure you can pay your mortgage, your student loans, and your mortgage expenses – all without losing your mind? Here’s what you need to know.
How to Give the Ultimate Christmas Gift: Paying Off a Family Member’s Mortgage
Christmas is just around the corner, and if you’re in a position to do it, paying off a family member’s mortgage is one of the biggest gifts you could give this holiday season.
First-Time Home Buyer? 3 Budgeting Tips to Help Make Your Mortgage Payments Easier
Buying a new home is an exciting time, but excitement can easily turn to stress if there isn’t enough money to pay the monthly mortgage bill. The added expense can take some time to get used to, but there are ways to make the payments easier, especially in those first few months when money is the tightest.
Understanding the “Adjustable Rate Mortgage” (ARM) and How This Type of Mortgage Works
Understanding what an adjustable rate mortgage, or ARM, is in comparison to a fixed rate mortgage can help applicants make a more informed decision about their mortgage plans.
The Pros and Cons of Paying Your Mortgage Bi-weekly Vs. Monthly
When applying for a new mortgage or after closing, many will have the option to choose between a single monthly mortgage payment or smaller bi-weekly payments. There are benefits and drawbacks associated with both options, and some personal financial considerations may need to be reviewed in order to make a decision that is best for the individual.
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