Dominick Farelli

29 Flips | 5 Magazines | 1 Follower | @DominickFarelli |

Why it takes years to save for a down payment

Saving for a down payment is often a major hurdle for wanna-be homeowners.<p>And for good reason: Putting 20% down costs two-thirds of the average household income, according to a new report from Zillow.<p>"It's a big number," said Aaron Terrazas, senior economist at Zillow. "Very few are saving for a …

Here’s how much your dog cares what voice you use

You’ve heard of puppy love. But what about puppy talk? Researchers have studied just that.<p>When you speak to a dog, you might find yourself talking …

How to Amass the First $100,000 of Your Portfolio

Updated December 27, 2017<p>No statement has better summed up the emotional and practical struggles confronting average people attempting to build a …

Investing

Here’s Proof that Millennials Have Yet To Find Their Financial Footing

By<p>Jan. 13, 2017 7:08 p.m. ET<p>Do you feel financially insecure? Well, there’s a good reason: you’re probably not nearly as well off as your parents …

5 first-time homebuyer mortgage options

A look at the most attractive financing options for new buyers<p>Over the last few years, many reports, studies, and articles have proclaimed that homeownership is no longer a key part of the American dream. It’s true that millennials are delaying buying homes, but other studies show that younger …

9 first-time homebuyer grants and programs

Buying a home for the first time can seem daunting. Fortunately, many first-time homebuyer grants and programs exist to help.

What Are the Tax Benefits of Buying a Home?

Buying a home is a big undertaking, but your new home purchase might help you enjoy a world of tax breaks. If you're a new homeowner, you should know that there are several tax deductions available, some of which can put a fair amount of money back in your pocket. Here are a few tax benefits of …

U.S. mortgage activity edges up, even as rates head higher

(Reuters) - U.S. mortgage application activity rebounded from its lowest since January despite interest rates on 30-year fixed-rate home loans hitting their highest in over 2-1/2 years, Mortgage Bankers Association (MBA) data showed on Wednesday.<p>A band of fog envelops downtown Denver early February …

Interest Rates

Why Millennials Need to Save Twice as Much as Boomers Did

Sorry.<p>Don’t be fooled by the stock market’s recent gains—or even its long impressive recovery from the financial crisis. We have been in a low-return …

The Biggest Secret to Success: Spend at Least 10 Hours a Week Just Thinking

Did you know that Warren Buffett has spent 80% of his career thinking?<p><i>What are the best-kept secrets of successful business people? originally appeared on Quora - the knowledge sharing network where compelling questions are answered by people with unique insights.</i><p><b>Answer by Brian Scudamore, Founder</b> …

Watch Out for These 5 Last Minute Home Buying Costs

In 2015, 5,250,000 existing homes and 510,000 newly constructed properties were sold in the U.S. And as Wise Bread predicted back in December 2015, …

New study confirms that doggos are the secret to happiness

Feeling down? According to a new study completed released by <b>BarkBox</b>, all you may need to do is get yourselves a puppy.<p>If you’ve ever been a dog …

Research

These 20 Books Are Game Changers, Read Them Before You Turn 30

Mike Bryan<p>Read full profile<p>Books offer wisdom that we ourselves might need years to figure out. Between 20 and 30, we all would undergo lots of …

Motivation

Mac and Cheese Pie is a Tasty, Indulgent Dish Anyone Can Make

Both pie <i>and</i> mac and cheese are tasty, indulgent treats. Combined, they take comfort food to a whole new level.<p>The idea comes from Justin Chapple, …

Mortgage rules explained, from credit scores to income requirements

New programs and updated regulations are changing the mortgage game<p>Following the 2008 financial crisis, mortgage lending ground to a halt for all but the most perfect of borrowers, and largely stayed that way until recently. Two years ago, lenders began to ease mortgage standards, and today, it’s …

10 Facts You Should Know About Homeowners Insurance

When you borrow money to buy a home, the lender requires that you purchase insurance to protect their interests. Unfortunately, many people who must buy homeowners insurance never really understand all of its features or how they could save money on premiums.<p>In this post I'll cover 10 facts you …

Personal Finance

8 Things You Definitely Did if You Grew Up at the Jersey Shore

Those were simpler times filled with sky-high soft serve, mini golf, and tanning oil.<p>Now that it's summer, kids all over the country get to look …

5 Things You Need to Know Before Buying a Duplex

When my husband and I—aspiring landlords that we are—found out we could get an FHA loan to cover the purchase of a duplex, triplex, or fourplex, we …

Real Estate

21 Pictures Of Puppies To Help You Get Through Today

They love us.

This is how to stop dreading your morning commute to work

Getting elbowed on the subway or stacking like sardines on a crowded bus can turn a morning sour—even if you were lying in a blissed out savasana …

How To Know If You’re Ready To List Your Home

Even the happiest of homeowners sometimes find themselves wishing for a better option. When you spend hours each week maintaining a sprawling lawn or …

Top 10 Winter Home Improvements and their Costs – DIY Home Improvement Ideas

Now is the ideal time for making some improvements around the house to make sure it’s ready to handle the cold weather, snowstorms, and other …

Home Improvement

Supermoon Rising: Pictures

Art

Here's What the Average American Mortgage Costs

Image source: Getty Images.<p>As of this writing, the average 30-year mortgage interest rate in the United States is 3.73%, but that only tells part of the story. The cost of your mortgage depends on your credit score, the type of loan you choose, and the fees and other closing costs charged by your …

Top 3 Real Estate Investing Strategies for Beginners

If you’re just starting out in real estate investment, you may be overwhelmed by a large number of real estate investing strategies to choose from. …