13 Mar 2020 When to Consider a Second Mortgage (And When to Av... Over half of American homeowners financed their home purchase and have a mortgage. Banks and lenders like this arrangement because they earn money in the form of interest payments when they loan money to buyers. Buyers like it because they are able to purchase a home without having to save for years and years to […] Share on Facebook Share on Twitter
13 Dec 2019 When to Refinance Your Home When you purchase a home with a mortgage, part of the terms of your loan include an interest rate. This rate is the percentage of the loan value that you will be charged in interest, should you take the entire repayment period, typically 15 or 30 years. You can choose to have this rate fixed […] Share on Facebook Share on Twitter