Making bi-monthly payments makes a mortgage payment plan manageable. Lump-sum monthly mortgage payments — for many homeowners — is untenable. In addition to the fact that a bi-monthly payment plan relieves the stress of making a huge payment at the beginning or end of each month, there are additional benefits of a bi-monthly payment structure. […]
Paying your mortgage off over thirty years can feel extremely daunting and like there’s no end in sight. Fortunately, there are some things you can do to combat the feeling of endless payments and make a larger dent in your mortgage.
Your Home Is Your Most Valuable Asset If you own your home, chances are that you’ve been told it’s your most valuable asset. In the current market it may even be an appreciating value, meaning it’s worth more now then when you bought it. However, the value in your home isn’t usually very liquid. It […]
Even when you own your home, but life can a way of throwing curve balls at you. If your circumstances have changed since you purchased your home, you may want to think about how refinancing could be the best thing for you. If you find yourself in any of the following situations, refinancing might be […]