The hubby and I have been in our house for over 4 years now and I can definitely see why the average first-time home buyer stays in their first home about 5 years. I can run off an arm’s length list of things that bug me about my house. No one but me notices most [...]
Right now, I’m still escrowing my property taxes and homeowner’s insurance through my mortgage company. In Pennsylvania, these bills are all mailed directly to the homeowner and then the homeowner forwards them along to the mortgage company who pays them out of their escrow account.
When I got my mortgage, I knew I wanted to make extra principal payments because 30 years of payments scared me. Considering I wasn’t even 30 years old, 30 years of payments was an insane commitment and I wanted out of it as soon as possible, while still keeping the house, of course.
I had heard [...]
This seems to be what’s on everyone’s mind. With interest rates up, the housing market is coming in for a soft landing in most areas. Generally, most people seem to think that the super hot markets are in for the softest landings and that some of the areas that didn’t see such a great boom [...]
Lately, all I hear in the newscasts are remarks about the housing bubble. How the market can not sustain the current increase in values over time as it has been. Eventually, like the infamous Internet bubble, something will have to give and home values will bottom out. Are things really this drastic?