Refinancing your mortgage is when you replace your existing mortgage agreement with a different one. While the most common reason to refinance your mortgage is to take advantage of significantly lower interest rates to lower your monthly payment, it’s not the only reason for refinance. Some people refinance to access ...
Continue ReadingWhat do you get when you have an onslaught of aging baby boomers, an affordability crisis, and a housing shortage? Granny pods – also known as guest suites, in-law suites, or accessory dwelling units. They are tiny homes that are either separate or attached to an existing home with shared ...
Continue ReadingDeciding when to move can be a tough decision. If you are thinking about moving, consider the following: Length of time living in your next home – Would you be there long enough to recoup the initial costs of moving, such as the down payment, closing fees, and moving expenses? ...
Continue ReadingWith housing costs at unaffordable levels for many, some people are turning to alternative homes. Here’s a breakdown of some of the other options out there: Tiny living – If you can compromise on space, there are tiny homes (approx. 120 to 500 sq. ft.), some of which can be ...
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