Leasing the American Dream: Why Home Rentals Are Exploding

Mortgages

Leasing the American Dream: Why Home Rentals Are Exploding

Leasing the American Dream: Why Home Rentals Are Exploding

Is renting a picket fence the new American Dream? You’ve probably seen the slew of reports recently confirming that homeownership is on the decline around the country — a trend begun during the Great Recession that has not changed during the recovery. The Census Bureau reported last month that the share of homeowners in America dropped… Read More

Renting: The New American Dream?

Mortgages

Renting: The New American Dream?

Renting: The New American Dream?

Is renting a home the new American dream? A report by the Urban Institute projects that even after the housing crash and the Great Recession are a distant memory, homeownership rates in America will continue to decline. The report estimates that between 2010 and 2030, the majority (59%) of the 22 million new households that… Read More

5 Credit Cards for New Homeowners

Credit Cards

5 Credit Cards for New Homeowners

5 Credit Cards for New Homeowners

As any homeowner will attest, buying a house is one of those purchases that only comes with more expenses. Maintaining a budget and shopping around for the best deals on big expenses like furniture and home-repair services will help you save money as a homeowner, but taking advantage of good credit card offers can be… Read More

Can Living Near a Starbucks Boost Your Home’s Value?

Mortgages

Can Living Near a Starbucks Boost Your Home’s Value?

Can Living Near a Starbucks Boost Your Home’s Value?

The next time you’re looking for a home, consider scanning the neighborhood for a Starbucks location. While you’re at it, look around at the local business scene and look into public transportation options nearby — these things may have a significant impact on your future property value. Real estate site Zillow analyzed the relationship between… Read More

Rent or Buy? The Key Is the Break-Even Year

Mortgages

Rent or Buy? The Key Is the Break-Even Year

Rent or Buy? The Key Is the Break-Even Year

Housing costs is often the biggest part of any American’s budget. But when it comes to choosing where you will live there is often one major question: Should you rent or should you buy? There are several factors that go into which decision is more financially prudent for you. One number that can help you figure… Read More

3 Financial Fibs You Tell Yourself

Personal Finance

3 Financial Fibs You Tell Yourself

3 Financial Fibs You Tell Yourself

Sometimes the same (bad) advice gets repeated so often people assume it’s true. But there are some common personal finance beliefs that aren’t necessarily true. We’ve broken them down for you: 1. You Can’t Save Until You’re Debt-Free This is a tough one. If you find yourself in debt, you can feel overwhelmed by your… Read More

How Home Improvement Can Improve Your Tax Bill

Mortgages

How Home Improvement Can Improve Your Tax Bill

How Home Improvement Can Improve Your Tax Bill

There are some special tax benefits homeowners get for owning a home. Homeowners can deduct their mortgage interest, points they paid as part of the financing process and interest on any home improvement loans they take out (loans which are then used to make capital improvements, or those that increase the value of a home)…. Read More

Renting or Owning a Home: What’s Right for You?

Mortgages

Renting or Owning a Home: What’s Right for You?

Renting or Owning a Home: What’s Right for You?

At this time, when housing prices are starting to rebound and interest rates are still very low, a lot of people are saying that you should buy a house in 2013. But is homeownership the right choice for your finances? The answer of course, is “it depends.” However, for many of us there is a… Read More

Show Me More