Mortgages
How Much House Can You Afford… Now?
Remember the good ol' home-buying days, circa 2006? You took out a $450,000 adjustable rate mortgage, at 4.25% (set to re-adjust after five years, but who cared) and bought a $440,000 home—with just $10,000 down. You can't get away with that... ➡
Refi Madness
Sudden savings alert! Mortgage rates are dropping again. How much could you save if you refinanced at a lower rate? At the moment, a 30-year fixed rate loan is about 4.75%; a 15-year fixed is about 4.02%, according to Bankrate.com.Pay less, save... ➡
Married with... Property
Who gets the house? No one wants to think about divorce. But even if you're happily married, you need to know how a split might affect your assets. Many women assume that all marital property gets split 50-50—but that's not true, says Jeffrey... ➡
Q&A: Affording Your First Home
Q: I am a 23-year-old professional, and I'm eager to buy a home. I just landed a new job with great pay and benefits. What's your advice to a young woman ready to spread her wings? { A: First, you need to decide how much home can you afford. It's... ➡
POP! Goes The Balloon Mortgage
Just what is a balloon mortgage, and should you be wary of this type of loan? Remember, oh, about a year ago, when the credit markets went haywire and we learned that millions of Americans had taken out home loans they suddenly couldn't afford? A... ➡
