OneMain Financial Review: What You Need To Know
In today's world your credit score matters for everything, from getting a mortgage to getting a job. If you want to buy a car or get a personal loan, your credit score will be considered. How much does your credit matter when getting a personal loan from a place like...
The Ultimate Term Life Insurance Guide
There are times when you have to think about and do things you'd rather skip. Does buying life insurance fall into this category for you? Buying life insurance can be daunting and overwhelming. There are so many decisions. How much life insurance do I need? Should I...
How to Become An Amazon Delivery Driver
In the world of online retail, there's no doubt that Amazon reigns supreme. This large company has an expansive operation that reaches across the country and the globe. If you're looking for a flexible income and ways to make some extra cash, driving for Amazon...
How to Buy A House For Sale By Owner
If you're shopping for a new home, you've probably seen countless listings online and in your local newspaper as you search for the perfect purchase price. To save money, you may consider buying a home that's listed as for sale by owner (FSBO). These homes aren't...
American Express Business Platinum Card
Business credit cards account for less than 4% of the cards in existence. Yet they represent $430 billion in spending by business owners. If you're looking for a charge card for your business, you should take a look at the American Express business platinum. This...
Mortgage Points: Pros And Cons Of Paying Them
You're in the process of buying a home. This is the dream home you've been saving up for, a $300K house in a nice neighborhood. One of your friends mentions mortgage points and how they reduced his monthly payments in the long-run. You become intrigued and want to...
MotoRefi Review: What You Need To Know
MotoRefi is an online platform that connects buyers and lenders. People looking to refinance their auto loans can save money on their current monthly auto loan repayments. Its primary advantage is that it lets you find the best deal according to your specifications...
Refinancing 101: Are Refinance Costs Tax Deductible?
Who couldn't use some extra cash? Refinancing your home is one of several smart ways to save money. You could end up with a lower monthly payment or pay less for your home in the long run. You may even be able to deduct some of your refinance expenses. At first...
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...
Understanding the Freddie Mac Enhanced Relief Refinance Program (FMERR)
If you own your home but have little equity or even no equity whatsoever, you might think that refinancing is out of reach. Thankfully, there are programs available that can get you out from being underwater and back on track with lower payments. The Freddie Mac...
Cash-Out Refinancing: Best Reasons to Take Cash Out
Cash out refinancing is when you refinance your home and take out a loan for more than what you currently owe, and then you take the difference in cash. You can use this cash for whatever you want, but a cash out refinancing can be useful when used carefully and...
Mortgage Rates Are Dropping- Here’s How You Can Benefit
You’ve probably heard the news: The average rate on a 30-year fixed-rate mortgage has dipped to 3.71% APR, which is the lowest rate it’s been in two years. With mortgage interest rates dropping — it was 3.9% in early December of last year — current homeowners can...
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 and...
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...
How Your Credit Score Affects Your Mortgage Rate
Buying a home involves numerous steps that can make the whole process extremely wearing. Choosing to work on your credit is as vital as making sure your credit score is at a good level. Americans have a credit score averaging out to 687, according to Experian’s most...
How to Host a Successful Virtual Open House
With shelter in place orders affecting almost 10 million Americans, virtual open houses can assist people in buying and selling real estate without leaving their homes. COVID-19 has pushed mortgage rates lower, and this creates a prime opportunity for both buyers and...
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...
Are Banks 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...
Minimum Credit Card Payment: What You Need To Know
Credit cards and other types of revolving debt have shot up nearly 20% from 10 years ago, crossing the $1 trillion mark. The average credit card balance is nearly $6,200 and many consumers have more than one. This has led to many people making the minimum credit card...