What 10 things have you stopped doing in your life?

I have stopped watching the news/reading the newspaper. Filled with negativity and plays a big role in forming negative thoughts. It’s a conscious decision to stay away from the news completely. Awareness about world events are hidden gems in beautiful articles online and not the media. No breakfast, 2 meals a day and that has been such … Read more

Should you start an SIP or prepay a home loan?

The answer to this question depends on your own financial calculations. Let’s discuss it one by one. SIP – I am assuming that you will be starting SIP for the Equity Mutual fund. in this case, the risk is there but benefits will also be there if you keep investing for the long term. So … Read more

Can I get home loan rates without running my credit?

First, you should be aware that mortgage loan officers are primarily salespeople (including your humble question-answerer). An essential part of selling is getting the other person to commit to moving forward. From the salesperson’s standpoint, consent to run a credit report is the first step in that process. Many loan officers will tell callers shopping … Read more

Is it worth buying down interest rate points on a home loan?

It depends on the size of the mortgage, the points purchased, the reduction in interest rate for each point, and the time you plan on holding the mortgage. For example, if you have a 30-year fixed mortgage in the amount of $250,000 with an interest rate of 4%, your monthly payment will be $1,193.54. Let’s … Read more