The Porch

Some homeowners may be uncomfortable with the idea of being indebted to a lender for several decades and may want to pay their mortgage off...

We’ve all seen the commercials touting the benefits of a reverse mortgage. But like all advertisements, they don’t tell the whole...

Once your offer on a home has been accepted and you have submitted your full mortgage application, there is one final step before you’re...

Can you make an offer on your next house without a mortgage preapproval? Yes, but your offer is likely to stall if you don’t back it up. In...

Owning a home is part of the American dream, and everyone should have the opportunity no matter who they are. That’s what mortgages are...

Long story short- it doesn’t. Homebuyers often choose a 30 year loan because it creates a more feasible monthly payment.

The down payment is often the biggest obstacle to homeownership. Saving enough money can take months or years, keeping you renting even...

For decades, conventional wisdom told us to make a down payment of at least 20%. But times are changing with the average first-time buyer...

The divorce rate in the U.S. continues to decline, with just 2.9 people per 1000 getting divorced each year. But, when you’re the one going...

When you buy a home, it’s understood that you have to account for ancillary costs. Doing your homework is part of being a responsible...