Adjustable rate mortgages (ARMs) are a popular option for many home buyers, as they offer greater ﬂexibility and potential savings than ﬁxed-rate mortgages. There are certain circumstances where an ARM can be especially beneﬁcial. In this article, we’ll explore three situations when you should consider getting an adjustable-rate mortgage. By understanding how ARMs work, you
The best thing about a custom home is that it’s meant to be a functional space for the way your family lives. Whether you’re looking for a gourmet kitchen, a place to entertain, a functional outdoor oasis or a large home office, a custom home can have the exact features you want. Consider these features
Just the thought, idea or hearing the term adjustable-rate mortgage (ARM) can create a negative reaction in people. Some people would prefer riding on an atomic weapon just as Slim Pickens did in Stanley Kubrick’s famous movie than to get an ARM. This reaction is perfectly understandable. About 90% of mortgages people take out are
Every generation makes its mark on society with certain notable characteristics. The Boomer generation is remembered for their contributions to building the American economy, while Gen Z is associated with the start of social media. The housing market has not been immune to the generational changes, and Millennials, the generation of Americans born between 1981
In this post we'll look at a number of these closing costs and what you will be expected to pay when you buy that next dream home.
Buying a house, condo or townhouse is an exciting and rewarding time which tends to be a lot of fun. However, along the way you'll need to make a number of decisions - including whether you want to buy a pre-owned home or one that has been built recently.
While businesses have fallen on hard times during the past few months, there are signs that the economy is going to start to recover quickly. This could mean that homebuyers are entering the market again as well.
The idea of owning a home is enough to bring joy to nearly anyone's eyes. The reality is that many people are a bit skeptical about looking for a home in the present climate. While the pandemic can make it hard for people to go outside and explore, now is still a great time to apply for a home loan.
There are many people who are considering buying a home because the current market is so attractive. With the ability to carry out virtual tours, this makes it even easier for people to find the home of their dre
Many millennials are reaching the age where they are thinking about buying homes for the first time. It turns out that many members of this generation are finding this process challenging. Even though the housing market is great for those looking to buy, surveys indicate that this generation also finds the process overwhelming.