According to research from The Ascent, in 2019, homeowners spent an average of $26,418 per year in housing costs, while renters forked up $17,809 a year. Homeowners must spend an additional $8,609 a year according to the data. Homeowners typically have expenses that renter’s don’t have to cover at all or are less expensive for […]
Purchasing a home is a major undertaking and getting a mortgage is one of the first steps in making your dream a reality. Mortgages can be complicated and understanding all of the terms and conditions of a home mortgage can be confusing. We compiled some of the most common questions that new homeowners have about […]
When it comes to home ownership, the cost of your mortage is just one of many expenses you will need to factor into your monthly bills. While closing costs and the 20 percent down payment your mortgage lender will require are big upfront expenses, often it’s the smaller, ongoing bills that make a house truly […]
A claim on your auto or homeowners insurance is one of the best ways to jack up your premium. Insurers frown on claims and in almost all cases, your insurance costs will be headed up if you make a claim on your policy, especially if it is a major claim. Unfortunately, there is a good chance you […]
Finding the perfect house, getting a mortgage and moving in are just the start of the expenses you will have to deal with as a brand new homeowner. The actual amount that you will have to pay above and beyond the mortgage payment will vary but a new analysis by Zillow and Thumbtack discovered some […]