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Our Weekly Blog

Fixed vs. adjustable: What is the lowest cost mortgage? Thumbnail

Fixed vs. adjustable: What is the lowest cost mortgage?

More concerning is refinancing several times into another 30-year mortgage. Mortgages are expensive because interest is charged over a long period of time and homeowners do not stay in their homes for 30 years. According to the National Association of Realtors®, the median duration of homeownership in the US is 13 years[1] as of 2018. So, the idea of locking in a low rate may be appealing but, the reality is that most Americans are starting their mortgages over again before they are even half way through paying it off.

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The bright side of budgeting Thumbnail

The bright side of budgeting

Budgeting gets a bad rap, but that’s because it’s not often thought about in the right way. The beauty of a budget is to let you see how you spend, so that you can put more of your money toward what you enjoy and less toward what you don’t.

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