Month: July 2019

Buying a home is one of the largest financial decisions you’ll ever make in your life. So, it makes sense that you’d want to know what all of your money is going toward, right? It’s important to understand the full costs of homeownership by knowing what’s coming and creating a comprehensive budget that accounts for the entire package. Here, realtor.com

  When borrowing money to purchase a home, the annual percentage rate (APR) consists of the interest and other charges (such as closing costs, points, origination fees and private mortgage insurance) that you’ll pay as part of your monthly mortgage. There also are some costs that usually aren’t calculated into the APR, including the home appraisal, title search and insurance,

We all know that your credit score is a key factor when it comes to getting approved for a mortgage. But what if your credit score seems to be stuck in neutral and won’t budge. You check it every month, and it’s the same it was last time you looked. With all of the different factors that affect your credit,

Refinancing a mortgage can be an ideal way for homeowners to save some money. Here, realtor.com highlights the right ways to refinance your mortgage loan with a homeowner’s guide to HELOCs and more. What is home equity? This is the current market value of your home, minus the amount you owe on your mortgage. While paying down your mortgage loan will decrease