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Why Your Interest Rate Doesn't Matter

Unless you have been living under a rock, I am sure that you have probably heard about interest rates rising. Rates seem even higher right now because they were so low just a short time ago. It is important to realize that interest rates were so low recently because of the government's response to COVID-19 and now that they have risen so quickly, it seems worse than it really is. However, this still leaves many potential homebuyers feeling like they can't afford to purchase a home...but what if I told you that your interest rate doesn't really matter?

Conventional vs FHA Home loans

There is a common misconception that Federal Housing Administration (FHA) loans are not as good as conventional loans. However, this is not always the case. In fact, there are several factors that can make an FHA loan a better option for some borrowers.

The Fox Financial Story

As people go through their lives, they are faced with many big financial decisions like buying a home, what kind of insurance do I need and how much of it?

Should You Pay Your Mortgage Off Early?

Should you pay your mortgage off early? No.Alright, that's a wrap, anybody up for lunch? Okay, just kidding. So, to better understand this question let's talk about what a mortgage is in relation to your overall financial picture.