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When Do You Start Paying Your Mortgage on a New Build?

You usually start paying your regular mortgage after the new home is legally completed and the purchase closes. For most builder homes, the mortgage funds on closing. Pre-construction condos may have an interim occupancy period before the mortgage starts, while custom builds can involve interest payments on construction funds released during the build. [1] [2]

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Best High-Yield Savings Accounts Offering Up to 5% APY (June 13, 2025)

If you’ve been watching your savings grow slowly in a traditional account, now’s the time to reconsider. Some of the best high-yield savings accounts in the U.S. are offering up to 5.00% APY as of June 13, 2025 — a rate that significantly outpaces the national average of just 0.41%. Whether you’re building an emergency

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