When you take out a mortgage, you have to plan for the future. This includes the unexpected. While no one likes to think about their own death, it’s important to plan. Your house loan does not just go away because you are no longer with us. It becomes the responsibility of those you left behind. Read more
How the New Tax Rules Affect Mortgage Interest Deduction
A motivating factor in becoming a homeowner was always the mortgage interest deduction. Lowering your tax liability made it more affordable to own a home. However, the tax reform, called the Tax Cuts and Jobs Act recently passed may change this way of thinking.Compare Offers from Several Read more
Should Retirees Opt to Rent or Own?
As you entire retirement age, you may think of downsizing. Many retirees find their current home too large, forcing them to make the decision to buy something smaller. However, what many people don’t think about is the cost of the new home. It doesn’t make sense to buy a smaller, yet just as Read more
American Millennials are Becoming Homeowners
In HSBC’s Generation Buy study, 35 percent of American millennials own their homes. Those who are not homeowners yet but are planning to buy a house in the next five years are at 80 percent.The study examined nine countries in different continents, including China, the United Kingdom, and the Read more
Spending Tricks to Save You More in the Long Term
The common logic is: less spending = more savings.But is it always the case?Investment is tricky. Sometimes, it requires a bit more of secondary thinking to really account for its impact on your finances. Sometimes, cheaper does not always mean savings. And sometimes, savings could mean more Read more
