What’s your mortgage rate?

What’s your mortgage rate?

By Emily Wilson, President and Broker of Heritage Financial

This is the most frequently asked question when someone is shopping for a mortgage, and rightfully so. We all want to save money. Shopping your interest rate is smart, but there’s much more that goes into it than simply asking “what’s your rate?”

There are many factors that determine the interest rate you’ll receive on your next mortgage. You’re not likely to receive exactly the same terms that your friend Joe did on his refinance, or what Marie just locked in on her new townhome purchase. For example, if you have bad credit and a low down payment or limited equity, expect a higher rate than someone with a flawless credit history and large down payment.

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Green Goddess

Green Goddess

By Misty Hall

What’s one of the most useful things you can do to make your landscape more drought tolerant? The answer might be right under your feet.

The secret’s in the soil,” says Jessica Thompson, of the Ojai-based Green GoddessGardens. Healthy soil plays a vital role in the slowing, sinking, and spreading of available moisture, which reduces the need for irrigation. “The most affordable thing anyone can do is watch where all the downspouts, all the drainage goes when it rains”, Thompson says. “Slow the water down from leaving the landscape. You can create little swales, berms in the landscape to hold it and slow it, and make it sink into the ground. One of the key components to that is good soil structure.”

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