Do insurance quotes affect credit score, and should you be concerned?

Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more

What does a down payment mean in real estate? Understand how this cost shapes a loan, PMI, and monthly payments, and see how loan programs impact requirements. Read more

There is a range of tax-deductible expenses available to homeowners. Here we explore what homeowners can and can’t deduct. Read more