Should I Be Concerned About Rising Mortgage Rates?

Should I Be Concerned About Rising Mortgage Rates?

On June 13th, the Federal Funds Target rate was officially raised by .25%. This increase marks the second time interest rates were raised in 2018 and experts expect another two increases this year. 

The rate increase was prompted by optimistic feelings about the general state of the economy. The Fed pronounced the economy to be rising at a “solid rate” and

Category: Financial Wellness

The 20% Down Myth

The 20% Down Myth

Are you desperate to own a home of your own? 
If that’s your dream, you are likely saving up, dollar by hard-earned dollar, until you have that magic number: 20% of your dream home’s total value. That’s what all the experts say, right? 
For the average American home, 20% amounts to a pretty big number. Throw in closing costs and you’ve got a small fortune to raise – and years to go

Category: Home Ownership