BPT) - If you've been in the process of buying or selling a home this past year, or even considering it, you know it's been a seller's market for the most part. Inventory of homes available for sale has been low, creating more demand than the market can supply. Couple that with low interest rates, which make it a great time for prospective buyers to get more bang for their mortgage dollar, and you've got a marketplace in which buyers have been competing for nearly every listing.
(BPT) - Sponsored Ad Content from Vanderbilt Mortgage and Finance, Inc. A budget is an important tool for first-time homebuyers and current homeowners. Throw out any negative feeling you may have toward budgeting. We're here to tell you that budgeting is a great exercise, and can free your financial mind! A budget is meant to be a guide to where you should spend your monthly income.
Before you start the refinancing process, keep these tips in mind: -- Calculate how long it will take you to break even. There are often high costs associated with refinancing a mortgage. To find out if you're really saving in the long run, calculate how long it will take to recover the costs spent on the refinancing by figuring out how much you're actually saving a month.
(BPT) - Changing households can be a time for new beginnings, fresh perspectives and boundless opportunities. But those good things tend to come after the moving process itself, which can take a lot of planning, organizing and old-fashioned elbow grease. And many people start the process unprepared.