We Need to Talk About Private Mortgage Insurance or PMI

There are many types of mortgages in the real estate industry, and PMI (or private mortgage insurance) is required for most. PMIs are by their very nature, designed to protect the lender instead of the buyer (you). Generally speaking, PMIs are mandatory to have if you want to buy a home using a conventional loan. […]

With Mortgage Rates Declining, Everyone is Talking About Housing Affordability—Here’s Why

Once again, it seems now is the best time to buy a home. Usually, two to three times a year mortgage rates drop. For the past two months, the average interest rate remains below three percent making homes more affordable for those who are planning to buy a property in 2019. This trend has had […]

Down-Payment Assistance Programs are Only for First-Timers?

Most people think that the term “first-time homebuyer” (FTH) explains itself easily, but things can go much further than that. In fact, some agencies have come with interesting concepts, trying to define this condition with specific detail. One of the most influential is Fannie Mae, for them an FTH is an individual who hasn’t owned a […]

Leverage Your Home Into a Smart Investment Strategy

Protection, that’s a big statement, and when we apply that word to our investments, no matter what they are, the relevance is even more impactful. The most experienced people, that are currently active in the game of venture capital placement can tell you this: 20 percent of the business relies on good decisions, the other […]

Personal Finance: Help Your Children Grow Into Educated Consumers

Exploring new territories with your children is not an easy task, requires trial, error, experience and lots of communication. If that is heavy enough for some parents, just imagine the weight of talking with them about a very complex subject like money. Trying to explain it all in regards to something that is more than […]

Understand How Your Property Tax is Structured — Here’s a Breakdown

The real importance of property taxes lies in the cities, counties and states. All because these financial charges are the main source of income for government institutions to function. The money that gets collected will be destined to different services such as parks, museums, avenues, street lights, firefighters, policemen, education and so much more. That […]