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Hidden ways credit card debt can cost you money

March 29, 2023 by Brett Tams

Whether you’re new to the credit card rewards space or you’ve used millions of points and miles to travel the globe, there’s a cardinal rule that every rewards enthusiast should follow: It’s essential to pay off your entire credit card balance each month. When you carry an outstanding credit card balance from one month to …
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Is It Cheaper to Build or Buy a House?

March 29, 2023 by Brett Tams

Buying a home is a major investment. You want to put your money into a house that’s going to meet the needs of you and your family. However, if that house isn’t available, you may consider building a home. Is … Continue reading →

The post Is It Cheaper to Build or Buy a House? appeared first on SmartAsset Blog.

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Today’s refinance rates dip – March 27, 2023 – Bankrate.com

March 28, 2023 by Brett Tams

Today’s refinance rates dip – March 27, 2023  Bankrate.com

Posted in: Renting Tagged: 15-year, 15-year mortgage, 2, 2021, 2022, 2023, 30-year, 30-year mortgage, All, average, balance, Bank, Banking, before, big, Borrow, borrowers, borrowing, Broker, Budget, build, business, calculator, choice, closing, closing costs, color, Consumers, coronavirus, cost, Credit, credit score, credit scores, Crisis, data, Debt, debt consolidation, double, education, equity, exercise, existing, experience, experts, Fall, fed, Federal Reserve, Fees, Finance, Financial Wize, FinancialWize, financing, fixed, funds, future, General, good, history, home, home equity, Home Improvements, home loan, homeowners, hot, Housing, Housing market, How To, improvements, index, industry, Inflation, interest, interest rate, interest rates, Learn, lenders, Life, loan, Local, low, low rates, LOWER, Make, market, money, More, Mortgage, Mortgage Broker, mortgage calculator, mortgage lender, mortgage market, MORTGAGE RATE, Mortgage Rates, mortgage refinance, Mortgages, Move, multiple offers, new, new home, offers, one day, or, Other, ownership, pandemic, payments, peace, percent, Planning, points, principal, Quotes, Raise, rate, Rates, Refinance, refinancing, repayment, Research, right, rise, save, Save Money, Saving, savings, searching, second, shopping, short, Silicon Valley, silicon valley bank, Spending, stage, the fed, time, timeline, Treasury, trend, value, versus, will, work, working

Bank failures may be the catalyst for an economic recession 

March 28, 2023 by Brett Tams

Fannie Mae projects the recent bank failures may act as the catalyst that tips an already precarious economy into recession.

Posted in: Banking, Mortgage, Refinance Tagged: 2, 2022, 2023, 30-year, affordability, All, Bank, Banking, banks, Behavior, borrowers, buyers, Buying, Capital markets, clear, Community banks, construction, Credit, deposit, Development, Doug Duncan, Economics, Economy, existing, Family, Fannie Mae, fed, Finance, financial stability, Financial Wize, FinancialWize, financing, fixed, Forecast, GDP, government, Government-sponsored enterprise, Grow, growth, home, home buying, home construction, home loan, Home Sales, Housing, Housing Starts, impact, Inflation, investors, Jumbo loans, Jumbo mortgage, lending, liquidity, loan, Loans, manage, market, markets, MBS, More, Mortgage, Mortgage Borrowers, mortgage lending, Mortgage originations, MORTGAGE RATE, Mortgage Rates, Mortgages, or, Originations, president, pressure, projects, Purchase, rate, Rates, Recession, Research, Residential, sales, second, securities, selling, short, single, single-family, single-family housing, SINGLE-FAMILY HOUSING STARTS, space, Spring, stress, the fed, timing, tips, Treasury, will

Navigating Your Financial Aid Package

March 28, 2023 by Brett Tams

mother and daughter doing paperwork mobile

College financial aid includes grants, scholarships, work-study and federal student loans. Scholarships and grants are forms of aid that generally don’t need to be repaid. Students who qualify for work-study are able to find part-time employment that can help them pay for college costs. Federal student loans are also considered financial aid, but unlike scholarships […]

The post Navigating Your Financial Aid Package appeared first on SoFi.

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Homebuyers move swiftly to ‘lock in a good deal now’: Mortgage rates continue to melt as economists dream of a real estate ‘rebound’ in spring – Yahoo Finance

March 28, 2023 by Brett Tams

Homebuyers move swiftly to ‘lock in a good deal now’: Mortgage rates continue to melt as economists dream of a real estate ‘rebound’ in spring  Yahoo Finance

Posted in: Renting Tagged: 15-year, 2, 30-year, 30-year fixed rate, advice, affordability, affordable, Applications, average, before, borrowers, buyer, buyers, color, Competition, construction, cost, dream, environment, estate, experts, Fall, fed, Federal funds rate, Finance, Financial Wize, FinancialWize, financing, fixed, fixed rate, Freddie Mac, front, funds, good, grocery, home, home loan, home loans, home prices, Home Sales, home shoppers, homebuyer, Homebuyers, homebuying, homeowners, homes, Housing, Housing market, housing prices, Income, index, interest, interest rate, Joel Kan, landlord, loan, Loans, low, LOWER, making, market, MBA, Media, More, Mortgage, mortgage applications, Mortgage Bankers Association, MORTGAGE RATE, Mortgage Rates, Mortgages, Move, NAR, National Association of Realtors, new, new home, new home sales, News, one year, opportunity, Other, president, pressure, price, Prices, Purchase, rate, Rate Hikes, Rates, Real Estate, realtor, Realtor.com, Realtors, rebound, Refinance, refinance applications, Research, return, rise, sales, Sam Khater, securities, Spring, the fed, time, Treasury, trend, volatility, volume, walmart, warranty, will, yahoo finance

‘California Dream For All’ Home Loan Requires Zero Down Payment for Future Appreciation

March 28, 2023 by Brett Tams

The California Housing Finance Agency has launched a new shared appreciation loan for home buyers. The program, known as the “Dream For All Shared Appreciation Loan,” allows Californians to build wealth via homeownership without a down payment. In lieu of that down payment, they must share a portion of their home’s future appreciation. While that… Read More »‘California Dream For All’ Home Loan Requires Zero Down Payment for Future Appreciation

The post ‘California Dream For All’ Home Loan Requires Zero Down Payment for Future Appreciation appeared first on The Truth About Mortgage.

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How to Use a HELOC for a Down Payment

March 26, 2023 by Brett Tams

A homeowner who has equity in a primary residence may be able to use a home equity line of credit (HELOC) to make the down payment on a second home. The amount of equity limits the amount of money a … Continue reading →

The post How to Use a HELOC for a Down Payment appeared first on SmartAsset Blog.

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Best Alternatives to a Reverse Mortgage

March 26, 2023 by Brett Tams

A reverse mortgage can provide you with a steady stream of income in retirement. Reverse mortgages do have risks and they can affect your ability to pass on assets to your heirs later. Fortunately, there’s more than one alternative to … Continue reading →

The post Best Alternatives to a Reverse Mortgage appeared first on SmartAsset Blog.

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4 Best Investment Strategies for 2022: Start investing today

March 25, 2023 by Brett Tams

For beginner investors, it can be hard to know just what steps are needed. These investment strategies are tried and tested and will help you succeed.
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