With home prices soaring in 2021 and interest rates climbing in 2022, many prospective homebuyers are considering alternatives to the traditional fixed-rate mortgage. Although adjustable-rate mortgages are a popular option with real upsides, borrowers should also be aware of potentially significant risks.
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Tag Archives: Real Estate (Sentinel)
Buying Your First Home: Equity, Insurance And Taxes
Buying your first home does not have a one-time effect on your finances. Homeownership will touch many areas of your financial life, including savings, insurance and taxes.
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Buying Your First Home: Down Payments And Mortgages
Becoming a first-time homeowner may seem daunting. But if you approach it as a series of achievable steps, there is no reason you can’t proceed with confidence.
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Mortgage Strategies For Different Life Stages
Becoming a homeowner represents a major life milestone. But from a financial point of view, purchasing a home is not a one-time event; it is the foundation for a variety of strategies over the course of a lifetime.
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Should You Purchase A Vacation Home?
Summer has arrived, and for many families, that means getting away for a few weeks. While enjoying beautiful surroundings, warm …
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Gifts That Keep Giving: Charitable Gift Annuities and Remainder Interests
Conventional wisdom holds that it is better to give than to receive. While this may be true, some givers may find it best to plan for an option that is a little bit of both.
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Yours, Mine And Ours: How Spouses Share and Transfer Property
Most couples tend to overlook important consequences and planning opportunities when deciding how to take or maintain title to property.
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A Financial Meltdown 75 Years In The Making
1933 — President Roosevelt signs the Banking Act of 1933, or the Glass-Steagall Act, into law with the aim of …
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Mortgage Lending Lessons Remain Unlearned
One year ago on this page, I questioned whether any lessons had been learned from the decade-long housing bubble. The …
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Coping With Upside-Down Mortgages
Finally, after a year on the market, your house has sold. But you’d better bring your checkbook to the closing, …
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