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Questions by users purchasing a home for the first time, and questions relating to the various first-time home buyer credits.

2 votes
Accepted

How to divide investment power between fixed asset and more liquid assets?

As someone who's done quit a bit of home improvement and seen positive ROI, I can speak from some personal experience. All of this assumes you do the unskilled labor yourself and shop around for rela …
Jared's user avatar
  • 1,727
46 votes
Accepted

Why are 30-year mortgages seen as unwise, if you can pay off the loan in a shorter period of...

Two reasons are typically cited (I've heard these from Dave Ramsey): Generally you get a little better rate on a 15-year loan than a 30-year loan, so equal rates at 15 and 30 years is (typically) a …
Jared's user avatar
  • 1,727