Ever spend the night at a friend’s or relative’s house where they reveal some quirky shortcoming in their home? Say, the light switch in the guest room works the opposite way you’d expect (down for on, up for off), or you have to jiggle the toilet handle a few times to make it flush. These foibles might not seem like a big deal, but they could be—if you’re trying to sell your house.
As mortgage interest rates continue to drop to record lows, many homeowners are wondering: Should they refinance their mortgage right now?
Picture a big, boxy recreational vehicle cruising down the highway. You might imagine a pair of white-haired snowbirds inside, fleeing winter in the North for some Florida campground. But there’s a very good chance these days you might need to readjust that picture. In the wake of the recession, recreational vehicles have seen a surge in popularity—and with a far more diverse group of owners.
Despite being called out for their ineptitude at saving money and their overwhelming fondness for spending it on experiences instead of things, millennials actually do desire financial stability—especially if it means they can buy a house.