In () most cases, the first interest rate r….
In most cases, the first interest rate review occurs at one, three or five years into the life of the loan.
A strain on your cash flow might even root you to sell the investment before the benefits of ownership are ever realized.
Before you make a purchase, you should always decide how much money you have to finish what needs to be finished.
If you decide to sell your home, you may even qualify for a capital gains tax exemption, which means you might not have to pay taxes on the sale.
Don’t Fall Victim to Mortgage Fraud
Mortgage fraud is on the rise and it’s important to know what signs to look for in order not to fall victim to it, especially when a home is your biggest investment.
Low Long-Term Rates Sustain Refinance Boom
Long-term interest rates remain low and continue to drive the refinance boom. The housing market is looking a bit better while homeowners continue to refinance their ARMs into fixed-rate mortgages.