Average Cost Of Car Insurance
Do you dread that monthly car insurance bill? Does it feel like you might be paying a lot of money for something you don’t ever use? Yet, you certainly can’t go without either. Ever wonder why the cost of car insurance is so high? The average cost of car...
What Is The Average Cost Of Electricity?
What Is The Cost Of Home Warranty?
As you enter homeownership or if you are already a homeowner, you know one of the worst parts of having a home is when something breaks. Suddenly, the air conditioner isn’t pumping cold air. The washer won’t turn on. Maybe you hop in the shower to get...
The Ultimate Guide to Mortgage Loan Modification
Research shows that 23% of American homeowners were unable to pay the full amount of their monthly mortgage payment in April 2020. Of that number, 11% were only able to make a partial payment, and 12% could not make a payment. Does this include you? If so, there are...
Can You Buy A House With No Down Payment?
You’re ready to step out on your own and buy a home. The only problem? Your dreams might be big but your bank account isn’t. You’ve heard the advice of financial experts. You know it’s ideal to contribute a down payment of at least 20% of your...
The Ultimate Guide To FHA Streamline Refinance
If you’re looking to refinance your existing FHA loan, then you may want to consider an FHA Streamline. The FHA Streamline Refinance program helps borrowers refinance their current FHA loan more quickly and at a lower rate. It’ll also save you from having...
How the LESA Can Benefit Reverse Mortgage Clients
A Life Expectancy Set Aside, or LESA, is a government-implemented guideline that requires some reverse mortgage borrowers to put aside a portion of their reverse mortgage proceeds to pay for their property taxes and homeowners insurance for a certain amount of time....
Can I Prepay My Reverse Mortgage?
Most seniors who receive a Home Equity Conversion Mortgage (HECM) intend to make payments only when the loan comes due. After all, one of the primary benefits of a HECM (more commonly referred to as a reverse mortgage) is that you don’t need to start making payments...
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...
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...
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...
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?
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...
What Credit Score Do You Need To Buy A House?
Are you hoping to make this the year you become a homeowner? With mortgage rates at historical lows, it might seem like the perfect time to take the plunge into homeownership. But with rates so low and the market so volatile, banks are getting more and more...
What Is Private Mortgage Insurance, Anyway?
The average house stays on the market for just 68 days, and that means you need to be ready to make an offer as soon as you find the home of your dreams. Before you can make that offer, you need to qualify for a mortgage. In most cases, that means making a down...
How To Lower Your Home Buying Stress
The difference between imagining yourself in your new home and actually going through the steps of buying the house are images that don’t often align. Living in a new home, putting down roots, and making memories sounds idyllic. The home buying process can be anything...
Home Buying Inspection: The Complete Guide
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...
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,...
What Are Debt Relief Programs And How Do They Work?
Research shows that consumers hold a collective $14 trillion in debt. Are you included in that statistic? If so, it’s easy to become overwhelmed by your obligations. Many different kinds of debt can threaten your financial stability, from credit cards to...
12 Credit Card Companies Offering Financial Relief
The month of March brought a load of unanticipated turmoil to the United States with a record of 6.6 million Americans filing for unemployment benefits due to the spread of COVID-19. Even with a lot of budgeting and saving, it may be difficult to recover from the...
What to Do If You Can’t Pay Your Utility Bills
In recent weeks, families around the world have been thrown into a new normal. For many, this time has also introduced a new season of financial hardship. Maybe your hours were reduced to part-time as your company works through these unsettling times. Or, perhaps you...
60-Day Foreclosure Moratorium: What To Know
If you’re struggling to keep your head above water because of COVID-19, you can breathe a sigh of relief. The federal government issued a foreclosure moratorium in March 2020 to help everyone affected by COVID-19. HUD Secretary Ben Carson will oversee the new...
Buy Low, Sell High: What You Need To Know
Tales of investors getting rich by buying low and selling high on the stock market don’t always tell the full story. During the Dotcom boom in the early 1990s, stock traders made millions from tech companies by ‘getting in early.’ Others lost money...
What Are The Top Surveys For Money?
An astonishing 6 hours and 42 minutes a day — that’s the average amount of time people all over the world spend online. On a long-term scale, that translates to about a quarter of their lives! In the US alone, mobile internet usage has risen — 20...
How To Find Money Orders Near Me
Money orders may not be the most common form of payment, but they’re underrated. Using a money order offers you more privacy, safety, and even an extra layer of theft protection. Everyone can benefit from using money orders, the only problem is — where do...
