Category: Real Estate

Mortgage

Why I am switching to biweekly mortgage payments

The default mortgage payments are made on a monthly schedule. This is the default for most mortgages as it breaks your payment up into 12 equal payments throughout the year. What is interesting about moving to biweekly mortgage payments is the impact on your total interest paid on your mortgage. What is a biweekly mortgage?

Real Estate

Hidden expenses when buying a house

When buying a house, there are many costs. Here are some expenses to keep in mind when calculating how much you are able to spend every month. There could be hidden and unexpected expenses when buying a house. Private Mortgage Insurance (PMI) Private Mortgage Insurance (PMI) is a very important factor. If you are putting