Posts Tagged ‘First Time Home’
Should I escrow my taxes and insurance?
One of the big terms in the mortgage world is escrow. An escrow account is set up to collect funds to pay your property taxes, homeowner’s insurance and, if applicable, mortgage insurance. The lender collects one twelfth of each of those yearly premiums each month to ensure there is enough money in the escrow account…Read More
Get Out of Your Rental
If you’ve been renting and waiting to buy your first home, now is a good time to make your move. A number of industry analysts predict that interest rates will rise slightly over the year, while continuing to stay very affordable. Home prices are also expected to rise, now that more buyers are again competing…Read More