Category: Tips

Before the pandemic, 15-year mortgages were simply too expensive for many homeowners seeking to refinance. Popular instead was the 30-year fixed-rate loan, which typically comes with a more affordable monthly payment.  But now the tide seems to be turning, with 15-year mortgages accounting for 17 percent of home loan applications this past September, up from 10.2 percent a year earlier,

If you are one of the millions of Americans who received forbearance and were allowed to pause your monthly mortgage payments during the past year, that could have implications when it comes time to file your taxes this year and in the years to come. Exactly how will forbearance affect your ability to deduct the interest? Individuals typically use what’s

You know exactly what you want in your first home—a four-bedroom property in a prime neighborhood with a top-notch school district. But before you can get a mortgage to buy that ideal house, you likely will need to improve your credit score.  If you’re borrowing money to purchase a home, your lender wants to know that you’ll be able to