Tag: home finance

Should You Wait Until Interest Rates Drop to Buy a House?

Today’s mortgage interest rates are a good bit higher than those of a few years ago, and that’s keeping many buyers on the sidelines, waiting for a better rate. Should you wait until interest rates drop to buy a house? Experts generally say no. Here’s what you need to consider. No crystal ball of interest… Read more »

FAQs on Financing Your First Home

Getting your first home mortgage can be intimidating. Let’s eliminate fear of the unknown by answering some common questions. Q: Can I get a mortgage even though I have bad credit? Yes, though you’ll get better interest rates with a good credit rating. With conventional financing you can get a loan with a FICO credit… Read more »

He Said, She Said: How Men and Women Differ on Home Finance

Stereotypes aside, men and women think differently when it comes to home finances and debt. Who is more careful with money? Who is the bigger risk taker? Take a look at some numbers. Who takes on more debt? Women tend to take on less overall debt than men, according to a 2014 Bankrate.com article exploring… Read more »