Julie Rains is a freelance writer specializing in personal finance, careers, personal development, and life hacks. She is a graduate of The University of North Carolina at Chapel Hill, where she majored in business with a concentration in finance. Julie loves using financial functions to create mortgage amortization schedules and applied this knowledge to paying off her mortgage a few years ago. You can find more of her work on her blog, Working To Live Differently, and popular personal finance and lifestyle blog, Wise Bread.
Refinancing your mortgage could save you hundreds of dollars each month in housing expenses. Plus a better mortgage deal could mean paying thousands less in interest over the life of your loan. Read More
At some point in your financial life, you may want to leverage your home equity to improve your financial position. You might get a home equity loan, which gives you a specific amount of cash; or sign up for a home equity line of credit (HELOC), which provides ready access to cash as needed. Read More
Saving thousands of dollars for a house down payment can seem like a gargantuan task. But as you get settled in your career and your finances stabilize, accumulating cash is easier than you might think. Read More
You’ve probably heard that the three most important factors in choosing real estate are “location, location, and location.” Generally, the sentiment is tied to the perceived value of the property. Your investment in a home and its growth in value depends largely on location. Read More
Snagging the lowest mortgage rate possible can mean saving thousands of dollars over the life of your loan. For example, if you locked in a 4.0% mortgage interest rate rather than a 5.5% rate for a 30-year, fixed-rate mortgage loan of $200,000, you could save more than $65,000 over 30 years. Read More