Acronyms of Real Estate: What Homebuyers Need to Know
The acronyms of real estate can be overwhelming. Hereâs a list of the ones you're likely to run into when buying or selling a house. The post Acronyms of Real...
Tag: Loans
Options for Teacher Student Loan Forgiveness
Loan forgiveness is a trade-off. It’s about incentivizing graduates to work in low paying or otherwise undesirable positions in exchange for erasing or si...
The Best Cities for Working Students in 2017
Not all students can cover the cost of their college education with the grants or scholarships in their financial aid packages. Some begin their college careers...
Why are mortgage rates going up? Biden, vaccines, and interest rates
Mortgage rates moved up last week, and it looks like they'll keep rising in 2021. But how high will rates go? Should you try to lock in now?
Understanding How Mortgage Interest Rates Work
Question: What do home mortgage loans (including second mortgage loans), retail installment loans, automobile loans, home improvement loans, and mobile home loa...
You Can Now Request COVID-Related Mortgage Forbearance for Up to 15 Months
Some good news for homeowners struggling to make ends meet thanks to COVID-19, which as the name implies has been going on for a while now. The Federal Housing ...
Mortgage Loan Purpose Types Overview
The loan purpose type specifies the purpose for which the loan proceeds will be used. The loan purpose may be to purchase a home or to refinance an existing mor...
What Should My Mortgage Credit Score Be?
You don’t have a separate rating called a mortgage credit score, but lenders do look at your score, credit history and several other factors when decidi...
What Is Private Mortgage Insurance?
Youâve spent weeks preparing paperwork for your mortgage application. Now that youâre pre-approved for a loan, itâs time to talk numbers. At first glance ...
Struggling with money anxiety and finding balance
On Saturday evening, I had a chance to chat with my friends Wally and Jodie. You might remember them from a reader case study from last August. They're the coup...