Homeownership is still the #1 way to build wealth in America. The median net worth of homeowners is 80 times larger than renters, according to data from the US Census Bureau. Homeowners build wealth in several ways: by building equity over time, financial security, the potential of passive income.
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Thinking about refinancing your home loan, but not totally committed yet? Here are six good reasons why homeowners refinance their loans and why you may consider doing so too.
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Is it summer already? It feels like spring was a blur with the quarantine, but that doesn’t mean we can neglect spring cleaning! Spring (into summer) cleaning is a great way to refresh your space, whether at home, your workspace, or even your mental health! Who couldn’t use a little revitalization right about now?
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Imagine this: You’ve just walked through the front door of a beautiful home, newly listed for sale. The size is perfect, the neighborhood is ideal, and it’s within your price range. There’s just one problem – it’s filled with other potential buyers! They all seem to love it as much as you do, and by the end of the day, multiple offers prove this to be true.
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Spending in general has been down for Americans since the onset of COVID-19. This time may have shaped how we spend our money moving forward.
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The 30-year fixed rate mortgage has long been America’s most popular home loan, and for good reason. For decades now, homebuyers have made this choice over and over again, so let’s explore why.
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