Buying a home can be an excellent investment. The money you spend every month on rent is money you will never see again. On the other hand, making monthly payments on a mortgage puts equity in your home and you will recover it when you sell your home. The key to getting the most value out of a mortgage investment is by allocating the greatest amount of your payment towards the principle. You can achieve this by finding low interest home loans and avoiding extra fees that come out of your mortgage payment. Here are a few tips for using your mortgage to make a good investment:

• Work on your credit score. Mortgage lenders offer interest rates within tiers. The higher your credit score, the higher tier you’ll land in and you’ll be eligible for lower rates. In the months before yo

You might think that mortgages are a relatively new concept but in reality, they have been around since, well, the idea of private ownership! As far back as ancient times, humans buy and sell their homes by using mortgages. In ancient India, for example, the Code of Manu stipulated fair mortgage practices and forbid unfair ones. Though much has changed since antiquity, mortgages haven’t gone anywhere. If anything, mortgages have never been as prevalent or as important.

Aspiring homeowners spend a lot of time and research when finding the right home, including of course finding the best mortgages to finance it. There is a lot to sift through and consider when deciding on a home loan. From national mortgage companies to