What’s Included in My Mortgage Payment?

When you buy a house, most people expect to pay back the amount borrowed plus interest. But, did you know that a mortgage payment is made up of more than just principal and interest? In some cases, a mortgage payment may have five or six different parts to them. For the first-time homebuyer this can… Continue Reading

Understanding Truth in Lending

I’ve said it before, and I’ll say it again — buying a house isn’t easy, there’s a lot to know and you simply cannot go into it without some education. One of the more important forms in your buying process comes when you make loan application. At that time, you’ll get something called a Truth… Continue Reading

How Much Should I Spend on My Next Home?

It’s inevitable that as spring approaches an increasing hoard of buyers will be flocking to the real estate market. The biggest question everybody’s got in the front of their mind, way ahead of whether or not they’ll find the right house or can get into the best school districts, is how much they should spend… Continue Reading