When we need to buy something and don’t have enough cash to buy it outright, we have to borrow money from a bank or a lender. We then have to pay the money we borrowed back, plus an extra amount called “interest.” As interest rates rise, here are some things you should know.
As mortgage interest rates rise you may wonder if it’s better to pay your loan off faster by making extra principal payments. In this post, we’re going to answer this very question.
How do you whether you have a good real estate agent or a great real estate agent?
Is it better to pay off your home faster so you can get more money when you resell it to someone else, or is it better to lower your monthly payment so you can invest in the stock market?
Homes are great ways to accumulate wealth. They appreciate over time, provide you tax benefits, and act as a form of wealth that you can transfer to your children so give them a head start in life. However, allocating all of your money into your home is not the best option
With prices of homes in California well out of reach of the average buyer and with new “remote work” policies adopted by many companies, it might be time to start thinking about other cities to live in that have a much lower cost of living
In this article, I’m going to talk about buying a home versus continually renting. There are scenarios when buying is the right choice and when renting and investing your money in the stock market is the best decision.