Ramifications of Co-Signing

Some times a friend or family member wants to buy a house, they ask you to co-sign on a loan because they don’t qualify. They assure that they’ll make the payments, they’re quite convincing and very appreciative. You don’t want to disappoint them and after all, …

As rates are inching up but still very affordable, buyers should remember that there is an alternative to a fixed rate mortgage that can provide the lowest cost of housing for the homeowners who understand the parameters.A $300,000 fixed-rate mortgage at 4% has a principal and interest payment of …