Refinancing Your Mortgage to a Lower Rate: What You Need to Know
As many homeowners start to realize, interest is one of the biggest expenses incurred when paying down a mortgage. Because of this, many after reaching a certain point decide to refinance. When rates are low, as they’ve been as of recent, it looks like the right time, but are you making a good decision? Refinancing…
A Condo Versus a Single-Family Home: Which is Right for You?
An issue facing first-time and experienced buyers, the thought “Should I purchase a condo or single-family home?” crosses your mind at least once. Before you make a definite decision, consider the pros and cons of each: Condos For those wanting to live in an urban area, condos prove to be practical. These properties, with…
4 Ways Your Credit Score Influences the Home-Buying Process
When purchasing a home appears on the distant horizon, one piece of advice you’ll almost always hear is, “Polish up your credit score.” The housing crash in the late ‘00s turned the tide toward stricter lending. With it, buyers needed to have, among several factors, a score in the 700s to qualify for a conventional…
Don’t Make These Home Insurance Mistakes
You have finally settled into the custom home of your dreams. The paperwork is signed, the furniture moved and the sprinkler is gently spraying your lush front yard. Hold up. Don’t relax yet. Before you get comfortable in your new Connecticut home, keep in mind some common mistakes homeowners make when it comes to insurance….