by Damian Dunn | Aug 11, 2021 | Kids, Taxes |
The advanced Child Tax Credit payments have started appearing in our bank accounts and mailboxes and many people are wondering exactly what they should do with them. Frankly, it can be a tricky question to tangle with. However, there are a few options that stand out. ...
by Lisa Whitley | Jun 21, 2021 | Buying a House, Buying a House, Housing, How-to Pay off Debt, Mortgages |
If you recently purchased your home with less than a 20% down payment, it is fairly certain that part of your monthly payment includes private mortgage insurance (PMI). Private lenders (i.e. not FHA or VA) add PMI to your monthly payment to protect themselves against...
by Gayle Evezich | Jun 21, 2021 | Buying a House, Housing, Mortgages |
Hey all, I just turned 54 and will likely pay off my home in just over 2 years if I continue to make the regular payments. I could pay off the balance ($34k) today, but that would take most of my savings. What are your thoughts on the best course of action? I have...
by Lisa Whitley | Jun 21, 2021 | Buying a House, Buying a House, Trending Topics |
“Interest rates are so low. Should I buy a house now?” Call in FOMO. With mortgage interest rates at historic lows, home sales are robust in much of the country. Low interest rates certainly make a home purchase more affordable, but is that a reason to buy a...
by Damian Dunn | Jun 17, 2021 | Buying a House, Buying a House, Housing, Mortgages, Savings |
Hi, First off, thank you for the podcast. I listen to each episode and I appreciate that you make personal finance entertaining! My wife and I live in the Midwest and just welcomed our first child a few months ago. We live in a starter home that works well for us...
by Damian Dunn | Jun 17, 2021 | Buying a House, Buying a House, Housing, Mortgages, Savings |
I’m starting to look at purchasing a home. I have some cash saved for the down payment. However, I’m not sure how much I should keep in my bank account for emergencies. Should I have multiple savings accounts? One for emergencies? One for the house? Any insight you...
