The ABCs of ARMs: Decoding Mortgage Jargon

What was the last purchase you researched before buying? Was it a $50 toaster, or maybe a $200 smartphone? What about a $200,000 house?

Buying a house may be the most expensive purchase you ever make, and a little mortgage education can go a long way toward getting you a good deal. Here are a few mortgage terms you should brush up on before signing on any dotted lines.

Self-employed? You Can Still Qualify for a Mortgage

Owning a home is not out of your reach. When the 2008 mortgage crisis resulted in financial calamity and millions of layoffs from U.S. corporations, many Americans responded by joining the ranks of the self-employed. While that showed impressive determination, … Continued

What You Need Before You Buy a House

If you’re a first-time house buyer, it’s easy for visions of your ideal home to crowd out practical considerations like hidden costs. Make sure you understand what you’re getting into financially, from your mortgage payment to the principal, interest, taxes … Continued