Refinancing your mortgage involves taking out a new loan to pay off your original mortgage loan and helping you take advantage of lower market rates or cash out a portion of your equity. With a refinanced mortgage, you’re ultimately changing the length of time that it takes to pay your mortgage off, resulting in you […]

Image by Nattanan Kanchanaprat from Pixabay According to the Federal Reserve, the outstanding mortgage debt in the United States rose to $15.8 trillion in 2019. This makes mortgage one of the most popular loans in America. If you want to own a home and plan to take a mortgage loan, you need to find out the best […]

You have made the big decision on buying a new home and now that time has come for you to choose a mortgage loan program. However, in your research you have noticed that there are many types of mortgage loan programs and you are not sure which one is the best for you. A consultant […]

Under the Income Tax Act, 1961, Section 80EE is one that provides income tax benefit on the interest portion of the home loan availed by the taxpayer from any financial institution. According to this, interest paid on the home loan can be availed as a deduction from the total income of the borrower, subject to the specified upper limit. This […]

The millennials have now officially exceeded Baby Boomers as the leading generation in the U.S. For real estate agents, this seismic demographic shift represents either a profitable opportunity or a stressful challenge. To ensure that you’re firmly in the former category, here are five tips for selling to millennials: 1. Stop dialing, and start emailing […]

When you want to purchase a home, the first thing you do is get prequalified for a mortgage. Prequalification tells you how much home you can afford and gives you a starting point for looking for your dream home. But before you run out and start looking at home near the top of your budget, […]

Beyond the process of saving and then purchasing a property, many people do not consider the financial impact of their house. Take interest rates, for instance – according to the Fed, they will now stay at 2.5% for the foreseeable future. How many home owners have used this 12 year period of low rates to […]

Bad credit may seem like it spells the end of your dream to own your own home. But it doesn’t. The guys over at Associates Home Loan says that the demand for mortgages for those with bad credit has risen, and lenders have responded. There’s no denying that it’s harder for you to get a […]

You may be a new couple looking to find a new house to start a family, a student looking for an apartment if you are not comfortable with the campus hostels or anyone moving out of your parents’ house looking for an affordable place to live. Here are a few steps you can use to […]

Buying a house is a big step. It has even been said that buying a house is the most important financial decision a person will ever make. Whether or not this statement is true, home buying almost always means getting a mortgage. And where there are mortgages, there are mortgage brokers. A mortgage broker’s primary […]

There is often the misconception that home remodels and renovations are expensive, and many never start a remodel due to the fear that they simply cannot afford to do so. However, with the right strategy going in, you can conduct your home remodel and stay within your set budget. By implementing these seven ways to […]