Understanding the elements of your mortgage payment is as easy as remembering five letters – P, I, T, I, A. The mortgage industry uses the acronym PITIA, which stands for principal, interest, taxes, insurance and Homeowner’s Association Fees to break down the components of a homeowners’ mortgage payments.
Month: August 2016
Back to School! Home Values 77 Percent Higher in Zip Codes With Good Schools Than Those Without
A home within a great school district has always been a good selling point, but now a new study performed by ATTOM Data Solutions shows just how big the impact of high-performing education is on home values.