All posts by Colin Robertson

Should You Only Buy a House If You Can Afford a 15-Year Fixed Mortgage Payment?

Should You Only Buy a House If You Can Afford a 15-Year Fixed Mortgage Payment?
June 10, 2019 No Comments »

I’ve already written at length about the pros and cons of a 15-year fixed mortgage, but some financial experts claim you shouldn’t even buy a home if you can’t afford this shorter-term mortgage option. You know, guys like Dave Ramsey, ... Read More »

What Is Home Equity?

What Is Home Equity?
June 3, 2019 No Comments »

Mortgage Q&A: “What is home equity?” You’ve probably heard the phrase “home equity” thrown around, likely during a fast-paced radio or TV commercial urging you to pull the equity out of your home. So what the heck is it, and ... Read More »

Young Homeowners Are Having More Mortgage Regrets

Young Homeowners Are Having More Mortgage Regrets
May 30, 2019 No Comments »

While homeowners of all ages are mostly happy they purchased a property, younger borrowers seem to be regretting their mortgages more than the rest of the population. Per the semiannual survey titled, “Zillow Housing Aspirations Report,” Millennial and Generation Z ... Read More »

What Mortgage Has the Best Interest Rate?

What Mortgage Has the Best Interest Rate?
May 29, 2019 No Comments »

Here’s an interesting question: “What mortgage has the best interest rate?” Before we dive in, “best” questions are always a bit difficult to answer universally because what’s best to one person could be the worst for another. Or at least ... Read More »

Why You Should Live in Your Home Until It Sells

Why You Should Live in Your Home Until It Sells
May 21, 2019 No Comments »

A new study from Redfin proved what we probably all assumed was the case; vacant homes sell for less than those filled with stuff. There’s something slightly unappetizing about a vacant home, whether it’s the emptiness of it all, or ... Read More »

What Mortgage Term Is Best?

What Mortgage Term Is Best?
May 20, 2019 No Comments »

Mortgage Q&A: “What mortgage term is best?” Before you set out to snag the lowest rate on your purchase mortgage or mortgage refinance, you’ll need to decide on (or at least narrow down) a mortgage term. I’m referring to the ... Read More »

Redfin Direct: Buy a Redfin-Listed Home Without a Real Estate Agent

Redfin Direct: Buy a Redfin-Listed Home Without a Real Estate Agent
May 14, 2019 No Comments »

First Redfin brought us the 1% listing fee, which disrupted the traditional 2.5% to 3% listing agents charge(d) to sell a home. But that still meant the home seller was on the hook for 3.5% or so if they elected ... Read More »

What Credit Score Do I Need to Get a Mortgage?

What Credit Score Do I Need to Get a Mortgage?
May 7, 2019 4 Comments »

Mortgage Q&A: “What credit score do I need to get a mortgage?” If you’re thinking about purchasing a new home or refinancing an existing mortgage, you should know that your credit score is going to be a big factor. In ... Read More »

Why You Might Want to Skip the Starter Home

Why You Might Want to Skip the Starter Home
April 30, 2019 1 Comment »

Some 45 million Americans are expected to reach the typical first-time home buyer age in the next decade, which is a fresh 34 years old. This is 7.4% more than the 41.8 million individuals currently aged 35-44, per a new ... Read More »