Do you live with your parents?


If you live with your parents, rent free, then this doesn’t apply to you. However, if you are renting either an apartment or house, you may think you are not paying a mortgage. That’s wrong, you are paying a mortgage, but it is a mortgage that belongs to someone else!

Do you want to continue doing this? Is now the time to consider buying a home? If you purchase with a fixed rate mortgage, your housing expense, for the most part, is locked in for the length of your mortgage. Does your rent have this same guarantee, or are you expecting to see it increase several times over the years?

So, does owning make sense to you, or would you rather keep paying someone else’s mortgage?


Things To Avoid After Applying for a Home Loan

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need...