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Owning a home can be one of the most rewarding experiences of your life. Ironically enough, it can also be the most costly. Your home’s mortgage is something that you have to deal with on a regular basis, and to get that mortgage, a bank had to eval
What would you do with an extra $900 in your pocket each year? Redecorate? Enjoy a spur of the moment getaway? Thanks to the new FHA rules, your wallet may actually be a bit fatter come this time next year. Obama and the U.S. Department of Housing and Urb
Paying the bills is never easy and the old saying of "too much month at the end of the money" is especially terrifying when you're trying to pay off your home's mortgage. For most people, there's no expense more important than the ho
The interest rates are currently lower than they’ve ever been, and this has many homeowners wondering if they should take advantage by refinancing their existing loan. Given the number of myths surrounding refinancing, the entire process can be conf
Federal Housing Finance Agency Director Melvin Watt’s decision to lower down payments from the previous 5% to 3% has received criticism from the House Financial Services Committee (HFSC). Committee members claim that Watt’s decision, which all
Let’s face it, the holidays can be a rather expensive time of year. By the time you buy all those gifts, host and attend a few parties, and buy everything you need to transform your home into a winter wonderland, you can quickly find that you are sp