Buying A Home
NotMrsSmith11
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Mortgage options
Hello all,
We are in the process of shopping mortgage rates, and trying to decide the best option. We are not sure whether paying MI, lender-paid MI, or an 80/10/10 makes the most sense for us. I have been doing some googling, so I understand some of the basic differences between those options, but I am not sure how to decide which option is best.
I think, based on the research I've been doing so far, that it does not make sense for us to do lender-paid MI, since we'd likely be in the house long enough to either ditch the MI or pay off the 2nd lien, so we could get a lower rate eventually. But I don't know the pros and cons of the remaining two options.
I'd be grateful for any thoughts you might have!
Re: Mortgage options
When shopping for our first home/mortgage, I knew zero about anything! This book really helped me understand mortgages:
http://www.amazon.com/Mortgage-Ripoffs-Money-Savers-Re-Finance/dp/0470097833/ref=la_B001JSAWNW_1_1?ie=UTF8&qid=1341537219&sr=1-1
I would highly recommend it!