What Is a Home Equity Line of Credit and How Does It Work?
Home prices in the United States are at an all-time high, but Americans are reluctant to borrow money secured by their house, and balances on home equity lines of credit... Read More
Fixed-Rate vs. Adjustable-Rate Mortgage: Which Is Right for You?
Mortgages primarily come in two flavors. There are traditional fixed-rate mortgages and adjustable-rate mortgages (ARMs). Understanding the two types and how they impact the costs of owning a home is... Read More
How to Find a House That’s Right for You
Buying a home is a major milestone in anyone’s financial journey. It’s also a vital part of our economy. When home builders build homes, real estate agents earn sales... Read More
How to Buy a Home, Even if You Don’t Earn Much
I make $45,000 in a good year. I’m a freelancer to boot, so 30 percent of that income goes to taxes. While I’m a good saver, some things are beyond... Read More
Do You Know All of the Hidden Costs in Buying a House?
You finally saved enough for a 20 percent down payment and you’re ready to start house shopping. I hate to be the one to tell you, but you may not... Read More
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