Conventional wisdom says that entering retirement with no debt is the goal when it comes to retirement strategies. Sure, that may be possible for some people, but there are other retirement strategies to consider should you find yourself in a different spot during your golden years. Before we get into the pros and cons of […]
Finance for Homeowners
5 Home Improvement Ideas for Winter that Could Save You Money
When we think of home renovations, we usually imagine these projects kicking off in the spring or summer months. But more time at home this season means we’re bursting with home improvement ideas for winter, too. Winter is a great time to hunker down and tackle those projects you’ve been thinking about all year. Plus, […]
Refinancing Your Mortgage: The Best Time to Take Advantage of Low Refinance Rates
For many homeowners, low-interest rates mean one thing: it’s time to think about refinancing your mortgage. With 30- and 15-year fixed-rates hovering near record lows, these low refinance rates could be too tempting to pass up even if you’ve recently purchased your home in the past couple of years. Refinancing Your Mortgage A refinance is […]
HELOC Home Improvement: The Best Home Improvements to Increase Value
Of course you want your home to be worth as much as possible should you ever sell it, but the other benefit of making some of the best home improvements to increase value is that those upgrades, everything from a fresh coat of paint to a new kitchen, may also make you happier while living […]
HELOC vs. Second Mortgage: What’s the Difference?
It’s a common question, what’s the difference between a HELOC vs second mortgage? The short answer is, not a whole lot aside from verbiage. A second mortgage is another loan taken against your property that’s already mortgaged. You’ll be borrowing again, not to buy a home this time, but against your home by using the […]
HELOC: How Big Should Your Emergency Fund Be To Get Through the Rest of 2020
This year has already asked many complicated questions. Now that we’re halfway through 2020 and over six months into the pandemic, one of the question you might be asking yourself is about the size of your emergency fund. Having an emergency fund may help to ensure that you and yours are provided for, regardless of […]
