Invest

how to invest

Live

career, food, travel

Save

saving, credit, debt

Protect

insurance, security

Retire

401K, IRA, FI, Retire

Home » Archive by Category

Articles in Mortgages

5 Reasons why Home Ownership can be a Financial Disaster
Wed, 04/20/16 | 14 Comments
5 Reasons why Home Ownership can be a Financial Disaster

You’re probably familiar with the script:
1. Go to school.
2. Get a well paying job.
3. Find a significant other.
4. Buy a home together.
Let’s cut it short right there. The “American Dream” of home ownership is instilled …

Don’t Avoid a 20% Down Payment on your Mortgage
Mon, 03/21/16 | 11 Comments
Don’t Avoid a 20% Down Payment on your Mortgage

A recent New York Times article gave a number of suggestions on how to avoid a 20% down payment on a home mortgage.
The implications of a 20% down payment are that if you cannot make …

Fixed Vs. Adjustable Rate Mortgages (ARM’s): Which is Better?
Mon, 12/9/13 | 9 Comments
Fixed Vs. Adjustable Rate Mortgages (ARM’s): Which is Better?

This post may contain some Mr. Obvious type advice to some – but the fact that certain types of bank products still persist leads me to believe that it won’t be obvious to everyone. And …

7 Reasons to Not Buy a Home
Mon, 07/29/13 | 5 Comments
7 Reasons to Not Buy a Home

When I first graduated, I ended up renting an apartment for a year.
From there, I moved in to my first home (which I have since considered to be a bit of a mistake in how …

Buy a House for the Mortgage Tax Deduction? Not so Fast
Thu, 07/25/13 | 9 Comments
Buy a House for the Mortgage Tax Deduction? Not so Fast

At some point every single one of us has heard the advice, “Buy a home, so you can get the tax deduction”. The popularity of this advice ranks right up there with the “Buy a …

When to Refinance a Mortgage
Wed, 07/24/13 | 11 Comments
When to Refinance a Mortgage

Refinancing a mortgage can be a huge cost saver for homeowners.
And right now could still be a great time to refinance.
For a little history, prior to the big 2008 housing crash, the Federal Reserve had …


Home | Sitemap | Terms | © 20somethingfinance.com