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Tag Archives: mortgage

Economy Hub

4 Ways to Save Money for a Down Payment That’ll Inspire You

Mortgage loan concept

With the cost of renting in Salt Lake City almost as high as a monthly mortgage payment, coming up with enough funds to pay the required deposit can be a struggle. To help bring you a step closer to your dream home, Altius Mortgage Group and other experts list some ways on how to save money: 1. […]

Economy Hub

To Buy or Not Buy Mortgage Points

Agent holding pen and document

The best way to describe mortgage points, also commonly called discount points, is to think of it in terms of prepaid interest. When you purchase mortgage points, you are essentially paying your way to a reduced interest rate, such that for every single point you are buying, you might lower your interest rate by 0.25%. […]

Economy Hub

Downsizing to a More Manageable Lifestyle

Couple holding house model

It’s nice to own a house, but what if homeownership itself is the reason you can’t budget your money properly? If you’re living in a house that is too big for your needs or you just want to downsize to save some money, looking at a second property might be a good idea. Then, you […]

Market Watch

Spoiled for Mortgage Options: Why Stepping Back is Necessary

You may think it’s a case of “the more the merrier” when it comes to having mortgage options, but that’s not always true. It can get overwhelming when you are given a big menu in an unfamiliar restaurant, right? The same is true if you have more than a handful of mortgage companies to consider, […]

Inside Business

How to Budget Your Mortgage and Other Housing Costs

Many people who are interested in buying a house prioritize their search for a property instead of knowing the state of their finances and knowing how much mortgage they can afford. They end up pining for properties they will have difficulty buying or paying off. With a big mortgage on their shoulders, they have difficulty […]

Inside Business

The 4 Best-Kept Secrets for Buying a House

Buying a house is a good step towards independence. It’s also a good step if you wish to start your own family already. To help you save some cash — and make your purchase a smooth one, too — here are some best-kept secrets you have to know before buying your new home: Make your […]

Inside Business

Buying a House: The Importance of a Bigger Down Payment

When the time comes for you to choose between continuing to rent and taking the big step towards home ownership, you should factor in not just your current financial status, but also your future housing needs. Establishing that you can indeed afford to buy a house and having a much clearer idea of how long […]

Market Watch

Q & A List for Passing Your Mortgage Application

Mortgage in Salt Lake City

Many have dreamed of owning their own, but are mostly being discouraged by being denied for their mortgage application. However, one should prepare for a mortgage approvability exam as much as one would put an effort in searching for the right house. Here’s a short list of suggestions to get you started. Who Should You Contact? – Besides a reputable […]

Economy Hub

New Homeowner Pointers: How Can Mortgage Refinancing Help You

You may have had heard of the term refinancing and have been offered this service by your mortgage provider or bank. It is simply exchanging your current mortgage plan with a better package or something that would fit your current financial status. Even if most people would just leave their current mortgage plans alone, you […]