Category Archives for "Home & Mortgage"

Ask Chuck: Financing Fixer Upper Fever

Dear Chuck, I need your advice. My husband thinks we should get an installment loan to update our home. Although we can do a lot of the labor ourselves, we need materials, tools, and some professional labor to get what we both want. I would rather save for a year, but he has time in […]

Ask Chuck: What To Do If You’re House Poor

Dear Chuck, I see that mortgage rates are dropping. Several years ago, my husband and I bought more house than we really need. Is this the time to sell so we can purchase something more affordable? Our current home eats up 40% of our budget preventing us from saving and giving at a level we […]

Ask Chuck: Subprime Loans

Ask Chuck Subprime Loans

Dear Chuck, My husband and I would love to buy a home before our second child is born next spring. We are seriously considering a subprime loan since we don’t have a down payment. We have a few years left on our student loans and a car payment. We’ve been told that renting is like […]

Is It Better to Rent or Buy? 6 Questions to Help You Make the Right Decision

is it better to rent or buy

Purchasing a home can be a costly and frightening experience. It’s likely the most expensive purchase most adults will ever make. The process is constantly changing, and potential pitfalls seem to lurk around every corner. So much so, in fact, that fewer people are buying homes. According to the Pew Research Center, “A decade after […]

5 Mistakes That Lead to Debt

5 Mistakes that lead to debt

Have you ever thought about what causes debt? Most people who have accumulated debt didn’t do so on purpose. It’s usually because of a series of small mistakes, one huge accident, or an assumption that “this is just the way it’s done”. But underneath all those causes are deeper, hidden problems. Paying off debt or […]

Ask Chuck: Should I Refinance My Home?

Dear Chuck, We have been our first home for three years and want to refinance to lower our mortgage payments.  Should we go with an ARM, 15 year or 30 year fixed? Thanks, Happy Homeowners Dear Happy Homeowners, There’s a hymn that goes: “This world is not my home, I’m just a passing through. My […]

1 2 3 4

Click here for free resources to navigate the financial affects of COVID-19