FHFA Looking to Enable More Low-Cost Housing

Apparently, there’s confusion. The Federal Home Loan Banks (a collection of 12 regional banks that help finance mortgages made by their member banks) have been holding back on purchasing mortgages from their members, because they’re unsure how they would...

Are You Moving from DIY to DIFM?

Did you finish some much needed work on the house this Memorial Day weekend? Or maybe kick-off a new project? For 30 years now, do-it-yourself has been a big part of American life, and has led to the success of companies like Home Depot). But it looks like the UK has...

Stop! Think! Before You Prepay Your Mortgage…

Conventional wisdom is that you should pre-pay your mortgage — at the very least, you should break your monthly payment in half and pay it twice per month. Doing so can dramatically shorten the period of your loan and save you a bunch of money in the long haul....

Don’t Let Finals Frazzle Your Family

Just as you’ve finished spring-cleaning and are preparing to enter prime BBQ season, one last thing is here to stress you and your family before you can relax for the summer: your children’s school exam season. Thankfully, we’re not just reaching...