4 mn read A reverse mortgage is a type of loan that enables homeowners, typically 62 years or older, to access their home equity and convert it into cash. Unlike a regular mortgage, no repayment is due until the home is sold or the loan is otherwise terminated.
4 mn read Choosing the right mortgage can be overwhelming, but the first step in finding the best option for you is to take the time to research and compare various offers. Start by assessing your current financial situation and get pre-approved for a loan.
5 mn read For those trying to decide between a personal loan or mortgage for a large purchase, it’s important to weigh the pros and cons of both. With careful consideration, a decision can be made that meets your financial needs.
5 mn read Mortgage rates have been rising steadily over the last few years, and things don’t look like they’ll be changing any time soon. Homebuyers should accept that higher mortgage rates are a fact of life.
4 mn read Investing in real estate may seem daunting, but with REITs, you don’t have to go it alone. Learn the ins and outs of these investment vehicles with our Comprehensive Guide to REITs and unlock your real estate investing potential.
5 mn read For those wondering how a realtor gets paid when you buy a house, it’s simple – commission. The commission is a fee a realtor earns for helping to facilitate the sale of a home. It is usually split between the buyer’s and seller’s agents.
4 mn read Applying for a mortgage is a big decision that affects one’s financial future. Ensure you have the assets on hand to make applying smooth and accurate by understanding what should be listed on the application.
5 mn read A down payment on a house is often one of the biggest financial investments you’ll ever make. But how much should you plan to save? With options ranging from 3%-20%, the answer depends on your financial goals.
