Tag: mortgage

 

Ready to make money while you sleep? 20 Quick tips for buying your first rental property.

“If you don’t find a way to make money while you sleep, you will work until the day you die.” Those are the prophetic words of billionaire Warren Buffet, who is often celebrated for his practical, low-risk vision of investing. The Oracle of Omaha is also a huge proponent of owning real estate – particularly […]

Everything you need to know about the LIBOR (including if your mortgage payment will rise because of it!)

Have you heard of the “LIBOR?” If you’re a homeowner with a mortgage loan or have credit card debt, this is something you should be aware of – and may affect your monthly payments! Today, I’ll cover everything you need to know about the LIBOR rate and how it may affect you. What does LIBOR […]

Mortgage and Homebuying Myths and Facts!

Myth: Interest rates represent the true cost of my mortgage Fact: Your interest rate is just one part of the total equation that determines the real cost of your mortgage, which includes the cost and fees of the loan, etc. It’s better to look at your APR – Annual Percentage Rate – to see the […]