How To Transfer The Funds To Buy A House

March 29, 2022

If you have made an offer on a house and gotten it accepted, congratulations! This is a major step, but you might be wondering how you actually pay for a house. The days of showing up to the closing table with a personal check are in the rearview mirror, as nobody wants a check for a house to bounce after the other person has already walked away with the keys. Furthermore, even if you are buying a house with cash, you certainly do not want to show up with a briefcase full of dollar bills. Here is how you will actually pay for the house.

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What’s Ahead For Mortgage Rates This Week – March 28, 2022

March 28, 2022

Last week’s economic reporting included a speech and press conference by Federal Reserve chair Jerome Powell, data on pending home sales and sales of new homes, and the University of Michigan’s monthly reading on consumer sentiment. Weekly readings on mortgage rates and jobless claims were also published.

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Tax Deductions Homeowners Can Claim During Tax Season

March 25, 2022

Even though owning a home comes with some significant expenses, some of them are tax-deductible. With many people looking for ways to lower their income tax, there are a few expenses tied to the house that every homeowner should consider. This could make a significant difference in their final tax bills, and it could lead to a large tax refund.

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Three Tips to Ensure That a Reverse Mortgage Makes Sense for Your Financial Situation

March 24, 2022

If you’re having financial troubles, or if you need to free up a large sum in a short period of time, a reverse mortgage is a great way to get the money you need without having to take on new debt or make monthly payments. The great advantages of a reverse mortgage are that you don’t need to make any loan payments until you decide to move out of the house and that in spite of the interest rates attached, you’ll never owe more than the value of your home.

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Condo Vs House: Which Is Best For Your Lifestyle?

March 23, 2022

Here are a few considerations if you’re trying to decide whether you should invest in a house or a condo.

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Can I Pay My Home Loan Off Early If I Refinance?

March 22, 2022

Many people are looking for opportunities to save money on the cost of a mortgage. If you want to save money on your home loan, you might be thinking about refinancing

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Setting the Record Straight: 3 Major Misconceptions About Mortgage Financing

March 18, 2022

Purchasing a home is often considered an important step in one’s financial life. If you’re planning on buying a home soon and want to avoid some major missteps, here are a few tips that will set you up for success.

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Setting the Record Straight: 3 Major Misconceptions About Mortgage Financing

March 18, 2022

Purchasing a home is often considered an important step in one’s financial life. If you’re planning on buying a home soon and want to avoid some major missteps, here are a few tips that will set you up for success.

Read the full article →

Setting the Record Straight: 3 Major Misconceptions About Mortgage Financing

March 18, 2022

Purchasing a home is often considered an important step in one’s financial life. If you’re planning on buying a home soon and want to avoid some major missteps, here are a few tips that will set you up for success.

Read the full article →

How Negative Closing Costs Work

March 17, 2022

If you want to save money on your home loan, you might be thinking about refinancing your mortgage. You might be able to replace your existing mortgage with a home loan that has a lower interest rate.

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