Category: Savings
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Smart Saving for First-Time Homebuyers: 12 Tips to Make Homeownership a Reality
Buying your first home is an exciting milestone. But let’s be real: It can also feel like trying to reserve a table at a five-star restaurant when all you can really afford is the drive-thru. With rising home prices, higher interest rates, and unexpected costs lurking around every corner, saving for your first home can…
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Buydown Mortgage: A Way to Reduce Interest Rates
In an era of high interest rates, you might feel that buying a home is out of reach. Good news: A buydown mortgage could be the key to lower payments. This article explores how reducing your interest rate upfront can save you money and make homeownership more accessible. Keep reading to learn if this option…
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How Many FHA Loans Can You Have at One Time?
Are you wondering how many FHA loans you can juggle at once? It’s a common question with a not-so-simple answer. Good news: This article is here to guide you through the ins and outs of managing multiple FHA loans.. With insights on everything from benefits to potential drawbacks, we’ve got the information you need to…
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Buydown Mortgage: Meaning, Pros and Cons, FAQs
Buying a home is exciting, but rising interest rates can be a hurdle. A buydown mortgage might provide the relief you’re seeking. In case you’re unfamiliar, it’s an option that temporarily lowers your interest rates. In this post, we’ll explore how a buydown mortgage works, its benefits and drawbacks, and answer common questions to see…
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7 Tips To Get A Lower Mortgage
Buying a home can be thrilling, but high mortgage rates may dampen your excitement. Every year, thousands search for ways to lower their housing costs. This article outlines seven savvy strategies that put you in control of your mortgage payments, making homeownership more affordable. Dive in and start saving! Key Takeaways Increase your down payment…
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Is There a Program to Help Seniors with Home Repairs?
Maintaining a home can be a daunting task for anyone, but it poses particular challenges for seniors. As we age, tasks that were once simple become complex, and the costs of necessary home repairs can quickly escalate beyond what many fixed-income residents can afford. This common struggle may leave some seniors living in conditions that…
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How to get a $10K grant for home improvement
Are you gazing at your dated kitchen cupboards and fantasizing about Chip and Joanna Gaines coming through your front door to do a makeover? Even worse, are you grappling with the urgent call of a leaking roof? Trust me, that feeling is awful. But at the same time, it’s all too familiar. Many householders are…
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11 Cheapest States to Buy a House
Finding your dream home at an affordable price can feel like a never-ending uphill battle. Did you know the location dramatically affects how much you’ll pay for a new house? If you’re looking to by a home in a cheap state, you’re in luck. This guide breaks down the 11 most budget-friendly states where buying…
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Energy Efficient Homes: A Primer
Let’s be honest: Nobody likes bugging family members to tweak the thermostat or air conditioner for energy savings gains. Facing record-setting temperatures and rising energy costs, most homeowners need to figure out how to strike the perfect balance between comfort and cost-efficiency — which is no easy feat. But with climate change wreaking havoc on…
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Home Warranty vs. Home Insurance
What’s the difference between a home warranty vs. home insurance? Imagine you’re preparing to make an offer on a new home, and your agent suggests you request a home warranty from the seller. As a condition of your mortgage, your lender has already informed you that you must obtain homeowner’s insurance. Doesn’t it seem redundant…