Posts by nick
Choosing the Right Mortgage Provider for You
Financing a home is a decision that will most likely affect your budget over the next thirty years. Many homeowners focus on finding the right property or comparing different types of loans, but pay very little attention to which lender they borrow from. Choosing the right mortgage provider can help you save money and avoid…
Read MoreIntroduction to Budgeting for First Time Mortgagees
Congratulations on buying your first home! This is surely a great achievement for you and the rewards can be very exciting. As a homeowner, you have equity that’s solid. There’s so much you can accomplish now that you have this asset under your belt. What you’ll now realize, however, is that your bank account has…
Read MoreWhat it Takes to Get a Home Loan
In spite of what you might think, banks are desperate to make loans right now. But that doesn’t mean that lending standards aren’t tight; it’s still going to take a lot of paperwork to make the lenders happy. Rates are the lowest they’ve been since the 1950s, so while it might be a bit of…
Read MoreWhen Should You Refinance Your Mortgage?
Interest rates on home loans are extremely low, but does that mean you should refinance? At what point should you do it? It’s not always obvious because getting a new loan isn’t free. There are costs that must be absorbed by the homeowner. You need to consider the change in interest rates, the length of…
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