Legislation
Proposed Bill Lowers FHA Costs for Educated First-Time Buyers
A new bill being floated by Representative Karen Bass (D-Calif.) aims to lower the costs of obtaining an FHA loan, which have surged in recent months. Back in April, the FHAâs upfront mortgage insurance premium increased from 1% to 1.75%. On a $200,000 loan, weâre talking about an increase of $1,500, which certainly isn’t incidental. [&hellip
The post Proposed Bill Lowers FHA Costs for Educated First-Time Buyers first appeared on The Truth About Mortgage.
Your Third Stimulus Check: How Much? When? And Other FAQs
The IRS is sending out another round of stimulus payments. Here’s what you need to know about the third stimulus check with your name on it.
New Rule Aims to Demystify Mortgage Origination Costs and Fees
Yet another proposed rule is being floated by the Consumer Financial Protection Bureau (yes, theyâve been busy) to help mortgage shoppers better understand the origination costs and fees associated with their home loans. The group argues that in its current state, itâs difficult for consumers to compare different combinations of mortgage rates, points and fees. [&hellip
The post New Rule Aims to Demystify Mortgage Origination Costs and Fees first appeared on The Truth About Mortgage.
The History of Federal Student Loan Interest Rates
More than two out of three of recent college students took out loans to help cover the costs of furthering their educationâaveraging $29,900 per borrower, including private and federal debts. When it comes to paying back student loans, both the total amount borrowed (i.e., the principal) and the interest rates (i.e., the percentage charged on […]
The post The History of Federal Student Loan Interest Rates appeared first on SoFi.
New Legislation Will Bring Changes To The Credit Card Industry
If you’ve been reading this blog for any period of time, you probably know that I’m not a huge fan of credit cards. As a Dave Ramsey fan and facilitator for his Financial Peace University class, you’d probably understand why. In general I think that using debt and credit are just poor ways to get […]
The post New Legislation Will Bring Changes To The Credit Card Industry appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.
Missing Stimulus Check? – What to Do If You Haven’t Received Payment
Mother-In-Law Apartments Provide Benefits With Relative Ease
Whether you’re housing an elderly relative, a recent grad, or out-of-town visitors, an accessory dwelling unit can be a real asset.
Stimulus Check Warning: IRS Can Reduce Your Recovery Rebate Credit for Child Support or Other Debts Owed
Most restrictions put in place to protect your stimulus check from garnishment don’t apply to Recovery Rebate tax credits.