Swimming pools are a must-have for plenty of folks, but the chemicals involved? No, thanks. Chlorine doesn’t just dry out your skin and hair—it also leaves that weird chemical smell on towels, clothing, and even skin. So after a summer spent in chlorinated pools, you might be ready to try something a bit more benign, […]
Glossary of Homeownership Terms & Definitions
A – C A adjustable-rate mortgage (ARM) A mortgage loan with an interest rate that changes during the term of the loan based on the adjustment period. amortization A loan calculation that shows how principal and interest are paid off over a set period of time. amortized A loan in which the payments are spread […]
Can I Refinance While Buying a Second Home? – Here Are the Mortgage Rules
As a buyer and a seller, you may be asking, “Can I refinance while buying a second home?” Maybe you’ve found a property that will be a killer investment at a bargain price. Or perhaps the beach cottage you’ve had your eye on for years just came on the market. Whatever the reason, if you’re considering applying for […]