How to know when to upgrade from renting to home-ownership

How to know when to upgrade from renting to home-ownership

If you are renting a home or apartment, you are likely itching to buy your own home. There’s so much to love about home-ownership – not to mention you are building equity in something you own rather than throwing rent money “out the window.” But switching gears from...
How much mortgage should I pay per month?

How much mortgage should I pay per month?

One of the most important questions first-time buyers face is calculating how much money they can actually afford to spend on their monthly mortgage payment. While there is no easy answer, there is something called The 28% rule. That thinking is that you should spend...