Homebuyers
Homebuyers
Low Payments Now, High Costs Later: The Truth About Interest-Only Mortgages
Interest-only loans allow borrowers to pay just the interest on a loan for a set period. But then monthly mortgage payments may increase substantially.
Homebuyers
Fixer-Uppers: Affordable Dream Homes or Expensive Money Pits?
Fixer-uppers may be affordable options to get into pricier neighborhoods, but buyers could wind up spending much more than they anticipated on renovations.
Homebuyers
What is PMI? What You Need to Know and How You Can Avoid It
Homebuyers who make smaller down payments may need to pay private mortgage insurance, also known as PMI. Here's how to avoid it—or get rid of it.
Homebuyers
What Is Earnest Money and How Does It Work?
Given the state of the market, homebuyers may need to take advantage of every opportunity to make their offers stand out. For some, that could include waiving contingencies or putting down an earnest money deposit.
Homebuyers
Ready for a Change? These Cities Will Pay You to Move There
Looking to make a move? These U.S. cities are offering financial incentives, perks like coworking space memberships, and a chance to boost their economies in exchange for remote workers relocating to their communities.
