Photo by Anthony Shkraba from Pexels If you’ve been thinking about buying a home or have friends who have purchased their own homes, you may have heard the term mortgage insurance or PMI before. What is mortgage insurance? We’ll use the rest of the article to dig into that.   What is Mortgage Insurance? Before we talk about […]

Photo by David McBee from Pexels   Whether you are buying or selling a house, you’ll hear the term “closing costs” come up. But what are closing costs? Here is a high-level view of what that term means.   What are Closing Costs? The short explanation is closing costs are fees you pay when you close on a […]

Photo by Vecislavas Popa from Pexels Buying a house is different than buying just about anything else. When you buy something from a retail store, the price is listed right there on the sticker. It’s easy to know how much that item costs. The store sets the price and we as the consumers pay it. When you buy […]

Photo by August de Richelieu from Pexels Millions of Americans each year, consider moving out of that apartment, upgrading to a bigger home, or finally buying that dream house. It’s still early in the year, so why don’t we follow through on the housing resolution and look at some ways to know if you are […]

Photo by Karolina Grabowska from Pexels Does it make sense to pay off your mortgage early so you are debt-free earlier in life? Or should you stretch it out if you can? The short answer is: it depends. Everyone is different, but here are a few things to consider as you weigh your options.   Pay Off Your […]