Saving Money

2018 has brought with it many changes for potential homeowners; not least amongst them the new tax bill. The cons seem to outweigh the pros until you are looking at renting versus buying from a purely mathematical perspective. There are considerations that can be overlooked, which would otherwise prompt more Americans to favor buying over… Read More


However, a report from the National Low Income Housing Coalition has concluded those who work full-time at minimum wage are unable to afford the rent for even a two bedroom apartment in the United States. Therefore, it may be time to check if the scales have been tipped in favor of buying for many Americans.… Read More


For many, a home mortgage is the largest debt they will ever owe, attached to the most valuable asset they will ever own. For first-time home buyers or those considering homeownership, understanding the ins and outs of obtaining a home mortgage and how it will impact their finances is crucial. If buying a home is… Read More


But when exactly is the right time to consider a refinance? There are some important considerations when deciding whether to refinance. For most homeowners the main purpose of refinancing is to either shorten the term of the loan, reduce the monthly payments, switch between a fixed-rate or adjustable-rate loan, or use home equity.… Read More


Depending on your circumstances and credit history, you can get loans or avail of government programs that offer lower down payments to help you get on the property ladder. These alternative methods, however, can have downsides, so it is important that you choose the option that best suits your financial situation.… Read More


However, sometimes it’s how you balance your budget, rather than how much you have in your monthly budget that matters. There are a number of saving methods you can use, with some clever adjustments to your budget that will allow you to save for a down payment without over burdening you financially. You will, of… Read More