How to Get Your Home Ready for Spring
Wednesday, 28 February 2018 by Mercer Savings Bank
Congratulations, West Central Ohio! We’ve almost made it through the dreary winter months. Snow has its charm, but even the biggest snow fans among us have to admit that there can be too much of a good thing. To get us through these last few weeks before warmer weather sets in for good, let’s turn
- Published in Mortgages
No Comments
How to Turn a Fixer Upper Into a Welcoming Home
Wednesday, 06 December 2017 by Mercer Savings Bank
One of the best parts about buying a new home is the opportunity to make your mark on the house. If you’re thinking about buying a fixer upper, you have the perfect chance to start almost from scratch and turn your house into the most welcoming home on the block. Buying a Fixer Upper as
- Published in Mortgages
Comparing a 15-Year and 30-Year Mortgage
Wednesday, 12 April 2017 by Mercer Savings Bank
As a first-time homebuyer, you may ask: Should I take a 30-year or 15-year home mortgage? The answer is not that simple, as it depends on each individual’s needs and situation. Hopefully, the information we provide can help you make a decision. _________________________________ Try these methods to pay off your principal faster! _________________________________ 30-Year Home
- Published in Mortgages
Is a House Still a Good Investment?
Wednesday, 08 March 2017 by Mercer Savings Bank
Buying a home is part of the American dream. However, some experts have discouraged people from buying homes, citing the housing bust and our increasingly mobile society. In 2008, home prices plummeted after prices were driven up by predatory lending practices and unrealistic home prices. And although, as of January 2016, home prices were rising
- Published in Mortgages
What’s Escrow? and Other Home-buying Questions
Wednesday, 15 February 2017 by Mercer Savings Bank
Confused by the terms thrown around by your realtor or banker when discussing mortgages? Most first-time homebuyers are. And even if you’ve diligently done your research, some terms are still sure to throw you. Here’s an explanation of common mortgage terms to help: Adjustable Rate Mortgage (ARM) has a fixed rate of interest for a
- Published in Mortgages
Should I Refinance or Use HELOC?
Wednesday, 02 November 2016 by Mercer Savings Bank
If you are a homeowner and find yourself in need of some extra cash, one option is to access the equity you already have in your home. There are different ways you could choose to tap into that equity: you might consider refinancing your loan to take out cash, or it might make sense to
- Published in Mortgages
Pros and Cons of HELOC
Wednesday, 05 October 2016 by Mercer Savings Bank
Home Equity Lines of Credit, or HELOCs, can be a great source of funding for just about anything you need. It allows you to draw on the equity you already have in your home when you need cash. If you are considering applying for a HELOC, you probably want to learn more. And, as with
- Published in Miscellaneous, Mortgages
How to Sound Smart When Talking About Mortgages
Wednesday, 07 September 2016 by Mercer Savings Bank
So you’ve decided the time is right to become a homeowner, trading in your rent payments for mortgage payments. Maybe you’ve been a homeowner before, but are looking into getting a new mortgage loan. Whatever the reason, you now find yourself in an unfamiliar world of confusing jargon. Fear not! Here is a quick primer
- Published in First-Time Homebuyer, Mortgages
5 Easy Steps To Make The Right Move On Your Next Home Purchase
Wednesday, 04 May 2016 by Mercer Savings Bank
The real estate market has gone through several changes over the past few years. Today there a few more changes happening as a result of our improved economy and rising rents, making it a good time for buying a home as a long term investment. Likewise, you will notice that some financial institutions are following
- Published in First-Time Homebuyer, Mortgages
Rookie Mistakes: Learn From First-Time Home Buyers’ Biggest Regrets
Monday, 20 July 2015 by Mercer Savings Bank
Homeownership comes with many benefits - and also many regrets. 81% of young homeowners between 18 and 34 had at least one regret about their home purchase. What were their biggest regrets? Let’s break it down.
- Published in First-Time Homebuyer, Mortgages
- 1
- 2