Whether you are looking to purchase a home in the next two years or you intend to wait another five, you must find a way to save up enough money to use for a down payment. Without the money to make a deposit on a house, it isn’t likely that anyone will accept your offer...Read More

With all the gloomy news about pension plans in the press you may be worrying whether you should actually be investing in a pension plan or not. A new wave of thinking suggests possibly not. There may be good news ahead, particularly if you already have a mortgage. Current advice is leaning towards encouraging people...Read More

So, you’ve decided to take the big step and look into getting what will likely be the biggest loan of your entire life: a mortgage. Applying for a mortgage can be a bit of a nerve-wracking process, especially if your financial history is anything less than perfect. However, you shouldn’t let a few denials get...Read More

Deciding to refinance is a crucial financial move that can help you make significant savings. When you plan properly, do your research, and take time to evaluate where you stand financially, you’ll be able to determine whether refinancing is actually a sound financial decision for your particular situation. To help ease the decision-making process for...Read More

There are many excellent reasons a homeowner may look into refinancing their mortgage. To refinance means to replace your current mortgage with a new one, almost always with a lower interest rate. For people with a good credit history, this is a relatively straightforward process. However, for people with poor, little or no credit history,...Read More

When getting a home mortgage, if you can afford higher payments, often the option of a 15-year loan instead of one of 30 years is an option. It can be an enticing idea to know that you’ll be free of a mortgage in half the time and pay a lot less interest in the process....Read More

No matter how carefully you plan, life can put a dent in your retirement funds. A life-altering accident or illness can turn your life upside down. Dipping into your retirement to meet uncovered expenses can leave you concerned about your future. Some seniors have had to sell their homes in order to pay unexpected bills...Read More

For most first time home buyers, obtaining a mortgage is a crucial part of the purchasing process. However, being approved for a mortgage is often easier said than done. It can be disheartening to find that, after spending hours of your life submitting documents and completing paperwork, your bank has denied your mortgage application. For...Read More

It’s a dream to be able to pay off your mortgage early, but is there a downside?  While it sounds like a great idea, there are some factors to consider before doing so.  This article will explore some of the reasons you may want to hold off on that final payoff amount. Other Debts  If...Read More

Mortgage rates are at a historic low. If you’re thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning your home, a large percentage of your monthly mortgage payment actually goes toward paying interest rather than the principal. Refinancing your mortgage is...Read More