Category Archives: Blog

How to Compare Loans Side By Side

February 5, 2016 – The first time I shopped for a loan, it was a fairly straightforward process. I spoke on the phone with representatives at a few big banks and I ended up choosing one that gave a 5.625% interest rate for a 30 year loan. The main reason it was “straightforward” is because […]

Should First-time Home Buyers Get a 30 Year or a 15 Year Mortgage?

January 14, 2016 – The short answer: the 15 year mortgage is better in terms of the borrower saving money. The long answer: First time home buyers, on average, stay in their home for 11 years, according to a report by Realtor.com in October 2015. In 2013, I recall that this statistic was 8 […]

Four Tips for Refinancing

November 10, 2015 – It seems people dread the idea of refinancing. The hassle… the confusion… the time it takes…, etc. The fact is, the last several years have provided a great opportunity to refinance. Refinancing is one of the easiest, low risk ways to save money, and it’s usually a lot of money, […]