Connexus Blog

When it comes to managing your finances, knowledge is power. Whether you are looking for information about debt management, homeownership, fraud prevention, or other money matters, find the resources to foster financial wellness on the Connexus blog.

Category: Home Ownership

Common Mortgage Closing Costs: A Guide

Mortgage closing costs are fees and charges that buyers pay on closing day, in addition to the down payment. Understanding the common mortgage closing costs can help you budget and plan accordingly.

Interest vs. APR: What’s the Difference?

Mortgage shopping? If so, it pays to know the difference between interest rate and APR. This article will define them both and help you understand why they matter when picking the best home loan for you.

Is an Adjustable-Rate Mortgage Right for You?

Mortgages are not one-size-fits-all. Your specific circumstances dictate what mortgage product is right for you. In this blog, we will look closely at adjustable-rate mortgages and determine when they might be the right choice for you.

Understanding DTI: What It Is and Why It Matters

If you’re in the market to borrow money, you may have heard the term “debt-to-income ratio” (DTI) being thrown around. This blog post will break down DTI in more detail, provide examples, and explain why it matters when you apply for a loan.

Cash-Out Refinance vs. Home Equity Loan: What’s The Better Option for You?

Two common ways that homeowners turn equity into money are a Home Equity Loan or a cash-out refinance. This blog will cover the basics of these two options and help you determine which is right for you.