Savings Corner
DECEMBER 25, 2023
You’ll want to be aware of how much your monthly mortgage payment can change when the introductory rate expires, especially if interest rates are trending higher. Property taxes: The annual tax assessed by a government authority on your home and land. When the taxes are due, the loan servicer pays them.
Savings Corner
DECEMBER 23, 2023
The trend maintained a 16-year high hit last quarter as expenses require one-third of the nationwide average wage. A typical mortgage payment , property taxes, and insurance are taking up three percentage points more of the average wage than a year ago and 12 points more than early in 2021, just before home mortgage rates started rising.
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