Borrowers opt for permanent rate buydowns amid affordability challenges
Affordability still remains a challenge for many borrowers, many of whom are turning to permanent rate buydowns.
Affordability still remains a challenge for many borrowers, many of whom are turning to permanent rate buydowns.
In my recent post, “Why investing can be better than paying down debt,” Dianecy’s comment raised a question faced by many: What do you do about investing when you have student loans?
It is quite the dilemma, actually, because the best time to start funding your retirement is when you’re still in your 20s. And as anyone who has been reading Get Rich Slowly for more than, say, 10 seconds would know, few things impede your progress toward getting rich (at any speed) like debt.
The reason is simple: A dollar can be spent only once — either for another person’s benefit or for yours. So it follows that repaying debt benefits the bank; investing those same dollars in a CD or index fund, on the other hand, benefits you and your future.
You probably know that you need an effective budget to help you reach your long-term financial goals, but many don’t know where to start. Here I break the process down step-by-step and offer tips so that you can budget smartly.
The post How to Make a Budget That Actually Works! appeared first on Good Financial Cents®.
Lending Club’s peer-to-peer lending model offers more rewarding investments and more affordable loan options. Is it right for you? Our in-depth review will help you decide.
The post Lending Club Reviews For Investors And Borrowers appeared first on Good Financial Cents®.
Rental properties are my favorite way to invest money! Over the years, I have bought more than 30 residential, commercial, and single-family rentals, which may not seem like that much but some of my properties have more than 60,000 square feet. I have been in real estate for almost 20 years now and I have … Read more
The writer behind earworms like Shawn Mendes’ “Senorita” or Kelly Clarkson’s “Stronger” has just listed her mediterranean style mini-compound for sale. And it’s a beauty!
The post Hit Songwriter Ali Tamposi Is Selling Her Gorgeous Mini-Compound in Los Feliz appeared first on Fancy Pants Homes.
If you already own some real estate, perhaps a house or a condo, and are looking to move on, you might ask yourself if itâs better to sell it or rent it out. This is an especially pertinent question when home prices appear to be peaking and are at/close to all-time highs. Similar to how… Read More »Sell Your House or Rent It Out? The Pros and Cons
The post Sell Your House or Rent It Out? The Pros and Cons appeared first on The Truth About Mortgage.
There are several different types of annuities, each designed to fill a different investment niche among investors. Variable annuities offer all the benefits of annuities in general, but they also enable you to earn investment income for both stocks and bonds. Much like target date funds, they represent something of a “fund of funds” offered […]
The post Variable Annuities appeared first on Good Financial Cents®.
If youâre a prospective home buyer, you need to prepare for the worst. And by worst, I mean a much higher-than-anticipated asking price. Maybe not everywhere, but in many major metros nationwide, the real estate market remains red hot. And thereâs really no sign of abating, even with mortgage rates back above 4% and the… Read More »If You Want to Buy a Home, Adjust Your Max Purchase Price Filter a Lot Lower
The post If You Want to Buy a Home, Adjust Your Max Purchase Price Filter a Lot Lower appeared first on The Truth About Mortgage.
Is this the year to focus on saving more? If you’ve been disappointed when you’ve checked out your savings account balance, let’s change that this year by figuring out how to save money each month.
Actually, advice on the topic of how much you should be saving differs based on who’s giving the advice. At a minimum, most people recommend saving 10 percent of your income. Dave Ramsey recommends saving 15 percent of your income as a good goal. Still others recommend 20 percent. However, no one will complain if you save as much as you possibly can.