If you’re looking at homes above a $500,000 sales price and your time horizon (for financial planning’s sake) is 10 years or less, I would give you two options to consider. One of which is the 5/5 arm starting at 3.25%, the other a traditional 30 year fixed at 4.25%. The Continue Reading →
In the past, I have been careful to temper my personal opinions with objective reasoning. However, I feel compelled to get this message across to you, my clients, just as I would pick up the phone and call my father if I came across something that could benefit him substantially. Continue Reading →
The simple answer is that it won’t. Even though most mortgages are owned and backed by the Federal Gov. Agencies, Fannie Mae and Freddie Mac, the terms and servicing of them are pretty iron clad. What will be effected though is your paychecks and the overall economy. Many businesses and Continue Reading →
Before moving to a new state, or even long distances intra-state, check your new home town’s Cost of Living. It will help you plan a better housing budget.
Insurance is protection against unexpected expenses and insurance policies are available for nearly any scenario you can envision — even your own ransom. But just because an insurance policy is available, that doesn’t mean you should buy it. Some insurance policies give you good bang for the buck. Others are Continue Reading →
