Savings Corner

APRIL 4, 2024

Refinancing if you plan to move in a few years doesn’t always make financial sense even if you get a lower interest rate, because you may not have enough time to break even on closing costs. To get rid of FHA mortgage insurance. To switch from an adjustable-rate mortgage, or ARM, to a fixed-rate loan.

Calculators 40

Calculators Refinancing Insurance Homeowner Insurance 40

Savings Corner

DECEMBER 27, 2023

Your lender will also tell you what you can expect to pay at closing after you apply for a mortgage, in a document called a Loan Estimate. You can shop around to get the best deal on some items, such as home insurance, but you can’t control the costs for things like taxes and government fees. How much are closing costs?

Calculators 52

Calculators Property Taxes Insurance Illinois 52

Savings Corner

DECEMBER 24, 2023

This year may go down in real estate history as the year of correction. Save for a down payment To avoid having to pay private mortgage insurance , or PMI, you’ll need to put down at least 20 percent of the home’s purchase price for a down payment. Learn other ways to get your free credit report and score. The average is $342.

Real Estate 52

Real Estate Buy Buying Credit 52