All posts by Colin Robertson
Should You Only Buy a House If You Can Afford a 15-Year Fixed Mortgage Payment?
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?
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
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?
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
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?
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
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?
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
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 »
