How much house can you afford? If that’s on your mind, you’re in good company. Mortgage rates are still historically low, making it a good time to purchase.
If you’re buying a home that needs some work, here are two special types of home loans that allow you to finance the purchase and borrow the cash you need for renovations. And we’re not talking pocket change. We’re talking tens of thousands of dollars for repairs and improvements.
With mortgage rates near record lows and the economy mired in a serious recession, there has never been a better or more urgent time to refinance a home.
