Owning a Home
If you’re thinking about buying a home, To Buy or Not to Buy? introduces you to accumulating the down payment, finding a mortgage, and building your equity. The question of Can You Buy? comes down to a hard look at your income and debts to see whether or not you'll qualify to borrow.
Once you’ve decided to buy, Finding a Mortgage requires looking into such issues as mortgage availability and rates. The Cost of a Mortgage depends on the amount you borrow, the interest you pay, and how long you take to repay. In Mortgage Rates, find out the pros and cons of fixed rate and adjustable rate mortgages.
If you own a home already and need to borrow, read Home Equity Borrowing to learn how a home equity loan usually offers the best rates, plus the advantage of tax savings. In Refinancing, find out if it could pay to get a lower rate on your mortgage when interest rates go down. And if you're over 62 and you'd like to tap the equity in your home as a source of income, learn about Reverse Mortgages.