Steve Phares's (sphares) Blog

Misinformation and mismanagement of finances abound and have adverse effects on everyday life, which is trouble enough. When negligence or lack of experience has brought about circumstances that prevent a consumer from buying a home, it’s time to regroup and find a new way of managing the budget....

A home is one of the most valuable assets most people will ever own. Building up equity - appreciation of the property coupled with the percentage of ownership achieved by the mortgagee through regular loan payments - is an important aspect of home-ownership. Equity is valuable not only as a soli...

Different Pennsylvania home loans are available for different people, and depending on the need and the affordability of the mortgagee, every mortgage has different high and low qualities to it. Some Pennsylvania home loans require more information about financial situations; others require littl...

Looking for a house can be a very tough process. Luckily, in the State of Pennsylvania, mortgage bankers can assist consumers in paying for their homes; one of the most complicated and time consuming processes in buying a house. Home financing is complicated in and of itself, and doing it alone c...

It sounds like an oxymoron, but a closer look reveals that the Pennsylvania No Money Down Mortgage has joined the ranks of available plans for buying a home. Whether it is a100% with Personal Mortgage Insurance (PMI), a 2/28 or 3/27 loan or an 80/20 mortgage, PA No Money Down Mortgages can afford...

Shopping for a home in Pennsylvania? The Pennsylvania Adjustable Rate Mortgage might be a viable way of financing that will make a home affordable both now and in the years to come. Pennsylvania Adjustable Rate Mortgages (ARM’s) operate on the basis that interest rates paid at the outset of the l...