Archive | mortgage

Should You Put More Than 20% Down on a House If You Can Afford It?

The national average down payment is between six and 11 percent, with some home-buyers paying as little as three to 3.5 percent. But for some people, there’s an opportunity to put down more than the perceived-standard 20 percent. Should they do it?Read more… Continue Reading at http://lifehacker.com

Continue Reading

The Factors That Determine Your Mortgage Interest Rate

When you take out a mortgage to buy a home, you pay a staggering amount of interest over the years. The higher your rate, of course, the more you pay. So what determines that rate? Obviously, your credit history probably plays the biggest role, but there are other factors that go into it, too.Read more… […]

Continue Reading