Mortgage Deferral Products: What Does It Mean To You?
There are currently over three million Americans who are unable to pay their mortgages. As the economy shifts resulting from COVID-19 gets worse, this number is likely to increase. If you find yourself unemployed or had your income reduced, you're likely wondering how...
Bank of America® Cash Rewards Credit Card Review
If you want to be earning more from your rewards card, it could be that your card’s bonus categories don’t closely match your spending. In that case, take a closer look at the revamped Bank of America® Cash Rewards credit card, which offers some of the most flexible...
Refinance Appraisals 101: Everything You Should Know
If you're looking for ways to save on your monthly mortgage payments, refinancing can help. Many homeowners choose to refinance every year, and getting an appraisal is a crucial part of the process. Read on to learn more about refinance appraisals and what they can...
The Best Ways to Use Your Stimulus Check
When COVID-19 hit the world at the beginning of 2020, it had a devastating toll on many lives. As of late-May, there have been over 100,000 deaths in the United States. Not only that, but it also had a huge economic impact felt by people worldwide. In America, over 36...
Home Buying Inspection: The Complete Guide
Looking at houses, imagining them as your own, is exciting. Arranging your furniture in your mind's eye and thinking about putting down roots is all a part of the home buying process. But some more daunting steps are part of the process too. Saving for a...
Chase Sapphire Preferred Card: Is It Worth It?
On average, people in the U.S. have four credit cards. How many of those credit cards have a rewards program? Do any of them have hotel partners? No matter how many credit cards you decide is right for you, it's important to make each one of them count. The Chase...
Best Credit Cards To Use At Costco
If you’re a frugal shopper, Costco trips are probably a part of your routine. They offer some of the best value of all big box stores in everything from dry groceries to specialty items to home goods. You may have noticed that Costco has a few more barriers to entry...
How To Become A Postmates Driver
With all the recent business shutdowns, layoffs, and other economic shifts, more Americans than ever are looking for alternative sources of income. Starting in March 2020, a staggering 30 million people—nearly 1 in 5 workers—filed for unemployment in only six weeks....
Refinance Appraisals 101: Everything You Should Know
If you're looking for ways to save on your monthly mortgage payments, refinancing can help. Many homeowners choose to refinance every year, and getting an appraisal is a crucial part of the process. Read on to learn more about refinance appraisals and what they can...
Pros And Cons Of A No Closing Cost Refinance
With mortgage rates at extremely low levels, the desire to refinance has never been stronger. If you're thinking of refinancing your home, is a no closing cost refinance the right option for you? Read on to learn more about this type of financing and the pros and cons...
Refinancing With Poor Credit: The Complete Guide
Having poor credit is not a death sentence for your mortgage refinance dreams. That being said, it won't be easy. Yet, with 20.5% of homeowners who refinanced in January 2019 having FICO scores between 650 and 699, it's doable. The solution would be thoroughly...
Should I Sell or Refinance My House: Your Definitive Guide
Almost 40% of homes in the U.S. are free of a mortgage, but there are still the other 60% that have decisions to make about financing. If you are trying to decide on whether to remodel your home or sell your current home and buy another one, we are going to help you...
How Much Can You Be Saving From A Refinance?
Americans are averaging a mortgage debt of $201,811 across the country according to a recent report by Experian. Many will argue this is rather too low or too high depending which state and city you live in. Although Americans have such high mortgage debt, they often...
Reverse Mortgage vs. Cash Out Refinance
There are many differences between a reverse mortgage and a cash out refinance. While both programs use home equity to get cash back, the reverse mortgage is specifically for senior citizens. What is a Reverse Mortgage? Home Equity Conversion Mortgage is the formal...
Why Should I Refinance My Mortgage?
With all the ads urging homeowners to refinance their homes, it makes people wonder if they should and how exactly would it benefit them. Refinancing your mortgage means that you are paying off the remainder of your existing loan and replacing it with a new one, or...
The Federal Reserve Dropped Interest Rates to 0%: What Does it Mean To You?
In light of recent events, the Federal Reserve announced that they would drop interest rates to zero. While this number may sound appealing initially, it can actually create a ripple effect on many different markets, including the mortgage sector. What do these...
Mortgage Deferral Products: What Does It Mean To You?
There are currently over three million Americans who are unable to pay their mortgages. As the economy shifts resulting from COVID-19 gets worse, this number is likely to increase. If you find yourself unemployed or had your income reduced, you're likely wondering how...
Home Buying Inspection: The Complete Guide
Looking at houses, imagining them as your own, is exciting. Arranging your furniture in your mind's eye and thinking about putting down roots is all a part of the home buying process. But some more daunting steps are part of the process too. Saving for a...
USDA Home Loan Requirements Explained
Millions of people buy homes each year. More than 5.34 million houses sold to new owners in 2019 alone. While many of those buyers financed their homes with conventional mortgages, others turned to federally-backed loans to help them get into the house of their...
How to Prepare to Buy a House in One Year
59% of Americans consider home ownership to be part of the American dream. You don't just want to purchase a property eventually, though. If you are interested in buying a house in one year, read on for the tools to make that dream a reality. Here's how to save...
Should I Sell or Refinance My House: Your Definitive Guide
Almost 40% of homes in the U.S. are free of a mortgage, but there are still the other 60% that have decisions to make about financing. If you are trying to decide on whether to remodel your home or sell your current home and buy another one, we are going to help you...
What does COVID-19 mean for the housing market?
There are many questions on our minds during this difficult time. And this one is particularly important to anyone who is planning on buying or selling a home soon. Many plans have indeed come to a screeching halt as a result of COVID-19. But in some circumstances,...
Tips When Buying a Home During COVID-19
Market analysts expect home sales to fall by 35% for 2020. This would mean that the total home sales for the year would be around 4 million, a number that hasn't been this low since 1991. These may sound like bad things, but as a buyer, this makes it a market prime...
Freddie Mac and Fannie Mae: COVID-19 Update
U.S. unemployment swung from a 50-year low in February to 4.4% in March 2020, which reflects a huge jump in newly unemployed people. Unfortunately, most unemployment is the product of layoffs caused by the COVID-19: 10 million people applied for benefits in the last...
The Best Ways to Use Your Stimulus Check
When COVID-19 hit the world at the beginning of 2020, it had a devastating toll on many lives. As of late-May, there have been over 100,000 deaths in the United States. Not only that, but it also had a huge economic impact felt by people worldwide. In America, over 36...
How To Become A Postmates Driver
With all the recent business shutdowns, layoffs, and other economic shifts, more Americans than ever are looking for alternative sources of income. Starting in March 2020, a staggering 30 million people—nearly 1 in 5 workers—filed for unemployment in only six weeks....
Making Extra Money: How to Become a Doordash Driver
Lots of DoorDash drivers have a compelling story about why they decided to take a delivery driver position during COVID-19. Driving for Doordash gives delivery drivers the money they need to keep going throughout these unsettling times. These drivers have discovered...
Beware! Banks Are Tightening Their Lending Standards?
The Federal Reserve dropped interest rates to 0 percent to stimulate the economy during COVID-19. It's a move last seen during the 2008 housing crisis after the economy collapsed due to poor lending standards and subprime mortgages. Slashed interest rates might make...
How To Lower Your Auto Payments
Paying an unnecessary amount on your car payments can be a detriment to anyone's monthly budget. Perhaps you've reached a point where you can't afford the payments with your current financial situation. Maybe you're just sick and tired of paying more than needed and...
How To Apply For Unemployment During COVID-19
You've worked at a power plant for over 10 years. You make great money and enjoy your job. Then, a notice from your manager states that the plant is closed until further notice due to COVID-19. You know you must file for unemployment, but you don't know where to...
How to Receive Free Gift Cards Online
When it comes to buying the things you want, it can be easy to overlook some of the great deals out there. There's no such thing as a free lunch, right? But the truth is, there are plenty of opportunities to get a great deal on the food, services, items, and...
List of Banks Offering Financial Help During COVID-19
22 million Americans have filed for unemployment since the shutdown. With so many facing financial hardships like never before, COVID-19 has left many Americans in need of financial assistance. Banks, auto insurers, state governments, and the federal government are...