Finance Blogs

Tips to Improve Your Credit Score

credit score

Building and maintaining your credit score is more important than ever. Having a bad credit score will cost you money. Trying to figure out how to improve a mediocre or poor credit score can be daunting. Many people do not know where to start or feel like there is nothing to be done. A better…

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5 Reasons to Refinance Your House Right Now

refinance

Have you been considering refinancing your home due to interest rates beginning to drop? Here are five reasons you should refinance your house if you are still on the fence about it: 1. To Get a Lower Interest Rate or Monthly Payment The most common reason people choose to refinance is to get a lower…

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4 Easy Spring Decoration Tips for Your House

Spring is a beautiful time. Flowers are blooming. The trees are covered in leaves again, giving us great places to sit and rest in the shade. The weather is comfortable – not too hot, not too cold.  Just as the world changes outside, it also makes sense to change the inside of your home to…

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Today’s Housing Market and Projected Trends

The modern housing market has not seen a pandemic like Covid-19, so many people have been cautiously watching the trends as the economy has been upended, and the jobs market almost unrecognizable. The good news is that overall trends indicate people are optimistic, and home sales are on the rise in 2021. Here’s why the…

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Everything You Need to Know About Debt-to-Income Ratios

When you’re buying a house, certain numbers – like your Debt-To-Income (DTI) ratio – are a big deal. But what is a Debt-To-Income (DTI) ratio, and why do lenders look at it when evaluating you for a mortgage? Let’s start by briefly talking about what DTI reflects. What is a Debt-to-Income Ratio? Your Debt-To-Income ratio…

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Pros and Cons of Renting Instead of Buying a Home

There are both pros and cons to renting instead of buying a house. While we generally recommend home ownership if the situation allows, we admit there are reasons to rent.  Here are the pros and cons of renting a home instead of buying one.  Pros of Renting Instead of Buying a House The first advantage…

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Should You Buy a House by Yourself or Have a Cosigner

You’re more likely to qualify for a mortgage if someone cosigns with you. But is that a good idea? Let’s look at this in a few different ways.  A Mortgage Cosigner Helps You Qualify When someone cosigns a mortgage with you, they’re saying they are willing to make the payments even if you can’t. It…

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Should You Get a 15-Year Mortgage?

Is it a good idea to get a 15-year mortgage instead of a 30 year? Maybe.  The reason we say that is every single client’s situation is different. For example, someone who is 15 years away from retirement has different things in mind than someone just starting their career. A person who is considering leaving…

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What are VA and IRRRL Loans for Veterans

Are you a military veteran? If so, we want to start off by saying thank you for your service. Thank you for also checking out this article, where we’ll go over the basics of VA and IRRRL loans.  What is a VA Loan for Military Veterans? A VA Loan is a type of mortgage you…

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Should You Get a Home Warranty?

Photo by Maksim Goncharenok from Pexels Is a home warranty worth the cost? Or is it better to put that money elsewhere? Here are a few things to think about.  What is a Home Warranty? As you probably already know, a home warranty is a way to protect yourself from major expenses. The idea is that by paying…

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