A 401k is there for retirement, but it is also there when a consumer has a financial pinch that needs relieving. According to 2013 data pulled from the Employee Benefit Research Institute, 21 percent of those employees eligible to withdraw or take a loan from their...
How do I pick the best home loan for me when there are so many kinds of home loans out there? Our guide to different kinds of mortgages can help. Home Loans: Few people can buy a house with cash. Home loans are a reality for most of us. But with so many different...
Mortgages are complicated, and they bring lots of complicated terms and definitions. APR? Interest Rate? What do they mean, and what’s the difference? Most importantly, what do they mean to your mortgage? And what can not knowing cost you? Let’s have a look. Interest...
Lots of people dream of home ownership But when it comes down to it, most of us only have a fuzzy idea about how to buy a home. The terms can be confusing: Down payment, APR vs. interest rates, no money down… How do people qualify for home loans? How much do...
Thinking of buying a home but don’t have a 20 percent down payment? If you take a look at these types of loans, you may be pleasantly surprised. The down payment’s what many people see as the main barrier to buying their first home. Some industry...
