Self employment can be liberating or terrifying, depending on the day. The joys of being your own boss and pursuing your dream come along with the struggle to maintain a stable income and the risk of failure. Plus, without the fixed salary that comes along with traditional employment, it can be difficult for self employed homebuyers to …
Renovation Loan Options
It’s that constant game of tug-of-war: your imagination runs wild and your bank account reins it back in. For homeowners dreaming of their perfect house, this can be a source of great frustration. Many homeowners push aside thoughts of major home repairs or fun projects because they don’t have enough money saved up, but renovation loans can …
Should You Pay Off Your Mortgage Early?
Whether you’re making mortgage payments or paying rent, housing is probably a significant portion of your budget. Have you ever dreamt about what it would be like to finally own your home? With your loan paid off, your housing costs will plummet and you will be able to spend that extra money any way that you …
Why and How You Should Avoid Paying PMI
If you’re eager to buy a home but can’t quite afford that 20% down payment, it might be tempting to purchase private mortgage insurance (PMI). PMI is the only option for some homebuyers, but for others, it is a choice. Today we’re going to look at why and how you should avoid paying PMI. What …
Should I Lock or Float My Interest Rate?
To lock or to float? It depends what we’re talking about, right? If we were discussing your house’s front door, you’d want to lock it rather than let it float, beckoning in strangers. But if we were talking about the ability to fly, you’d have to be crazy not to choose float. Who wants to …
