Do You Want To Build Credit?

Do You Want To Build Credit?
Do you know what to do to build credit and establish yourself as a good credit risk? Believe it or not, the way you approach a small line of credit can make a big difference later on when it’s time to apply for an auto loan or a mortgage. And if you are not a newcomer to credit, consider this article a good primer for teaching someone else about building credit–I personally know many teachers...
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Did The Government Suspend My Mortgage Payment As Part Of Coronavirus Relief?

Mortgage Bailout coronavirus
Are you having trouble making your mortgage payment? There are many headlines about economic relief associated with the coronavirus pandemic and COVID-19. Some of those headlines discuss economic stimulus proposals and legislation such as the CARES Act of 2020, and the three phases of economic stimulus proposed by the House and Senate. But what do homeowners need to know about the coronavirus, economic...
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Should You Refinance Your Home Loan During The Coronavirus Outbreak?

refinance loan coronavirus
Should you consider a refinance of your mortgage during the coronavirus outbreak? Headlines about the pandemic have served to throw stock markets into disarray, mortgage rates took a huge nose-dive, and many homeowners rushed to take advantage of the low rates, which in some cases (FHA and VA mortgages, for example) went below the three percent range for the first time in many years. What does it...
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The Fed Dropped Rates Again – Is the Third Time the Charm?

fed rate drop
Is the third time a charm for interest rates? The Federal Reserve has cut rates again this year, so your savings account may not make as much money for a while. Considering that most traditional savings account rates are abysmally low, you might not even notice. Here’s how it affected me already. Interest rates fluctuate over time based on what the Fed does. When prices go down, it is less expensive...
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