Securing a home financing can feel like navigating a complex maze, but it doesn’t have to be! Knowing the different options available is key to finding the best rate for your unique situation. This guide explores several key factors to consider, including standard versus variable rate options, charges, and the complete cost of borrowing. We'll de
Escape LMI: Strategies to Evade Lender's Mortgage Insurance
Buying a home is an exciting milestone, but the costs can quickly add up. One expense that often catches buyers off guard is lender's mortgage insurance (LMI). This extra fee protects lenders in case you default on your loan. Thankfully, there are ways to avoid LMI altogether and save your money in the long run. Initially, consider increasing