Moving Forward

Here are 3 smart moves

1. Down payments matter. Focus hard on saving so you can put 15-20% down on your mortgage. Over the term of your loan, it will save you thousands.
2. Choose timeless over trendy. Your home will be more valuable (and sellable) if it’s in a stable neighborhood and has an updated kitchen. Also, fireplaces are always a plus.
3. Match your mortgage to your timeline. If this is your forever house, the certainty of a fixed-rate, long-term mortgage may be your most attractive option. If you have a five-year “then we’ll move” plan, that may make a lower initial rate that a variable product can deliver a better choice.