Owning a house is the American Dream, but too many people find themselves in over their heads, resulting in a nightmare, not a dream. If this sounds like you or you think you’re house poor, here’s what you can do.

Right now interest rates are super high, but that isn’t stopping people from purchasing homes. I need you to remember, what goes up, must come down. When the interest rates starts plummeting, you’re going to see a lot of people talking about refinancing, but does that mean you should refinance? At what point should you do it? It's not always obvious because getting a new loan isn't free. There are costs that must be absorbed by the homeowner.

If you’re clueless on what steps to take to buy your first home, you might not know what to look out for when it comes to expenses. There are many expenses that can sneak up on you and derail your budget if you’re not careful. So if you’re new to the home buying process, keep reading and be ready for these expenses.