Your home is one of your most valuable assets. Even if you still owe money on your home, you may be able to use the home equity that you do have to address other debts. For example, if you are struggling with high-interest credit card debt, you may be able to take out...
Are you having difficulty managing your debts? Debt consolidation could be the answer. By combining all of your debts into a single account at a lower interest rate, you can decrease the chance of missing payments, save on interest charges, and possibly establish...
New homebuyers find their vocabularies expanding when they start shopping for a mortgage. You may already be familiar with terms like “APR” and “credit score.” Both of these will come into play when you look for a loan, as will your debt-to-income ratio. What is...
With the ever-changing state of the housing and financial markets, many homeowners consider a refinance mortgage to meet those changes. There are several reasons a homeowner may want to consider refinancing their home loan. Homeowners can often reduce their interest...
If you are buying a home, you have probably heard the term adjustable rate mortgage. However, you may have very little idea of what an adjustable rate mortgage actually is. Consequently, you probably have no way of knowing if this is the best kind of home loan for...
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...
