Reading over your loan options can feel like studying a foreign language. What is a fixed vs. variable loan? And what on earth is a rate index? Whether you are taking out a home loan or financing your next vehicle, youâre bound to come across some of the same terms. Having a fixed-rate loan is […]
The post Fixed and Variable Rate Loans: Which Is Better? appeared first on The Simple Dollar.
Prices for used cars are at a four-year low, and poised to drop even lower, car experts say. The reason: Americans are finally buying new cars, and their trade-ins are adding supply to what had been a tight market. The average price of a used car dropped 2.8% in the third quarter to $15,678 from… Read More
The post Is Now a Good Time to Buy a Used Car? appeared first on Credit.com.
No matter where you’re buying a home, at some point you’re going to find yourself deep in escrow. (Don’t worry. It’s not as bad as it sounds.)Â What is escrow? In real estate, it has several meanings, but they all boil down to your house and your money being in a kind of limbo. Escrow is […]
The post What Is Escrow and How Does It Work? appeared first on Home Buyers Guide.
For consumers looking to save money by buying a used car, location matters. Miami may be a bargain-hunterâs best bet, and New York City has some good deals, too, according to a new analysis of used-vehicle listings from iSeeCars. Of the 10 most popular used cars, as determined by vehicle search engine site iSeeCars, five… Read More
The post Where to Find the Best Price on Popular Used Cars appeared first on Credit.com.
Just as homes come in different styles and price ranges, so do the ways you can finance them. While it may be easy to tell if you prefer a rambler to a split-level or a craftsman to a colonial, figuring out what kind of mortgage works best for you requires a little more research. There […]
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How much you’ll pay for car insurance can depend on a variety of factors, including your age, driving record, credit score and how you use your car. Location also matters. According to a 2013 report, the national average for car insurance is $1,510 a year. The data is based on insurance rates of more than… Read More
The post The States With the Highest Car Insurance Rates appeared first on Credit.com.
Buying a home might be a pretty conventional act, but financing one doesn’t have to be. Loans backed by federal agencies can be a big help if you’re low on cash or your credit score isn’t where you or a conventional lender would like it to be. There’s even a loan that can help you buy a […]
The post FHA and VA Loans Might Put Ownership in Reach appeared first on Home Buyers Guide.
Young Americans have eased up on buying new cars since the end of 2012, according to a report from auto sales information site Edmunds.com. Through August this year, consumers ages 18 through 34 have made up 11.4% of new vehicle purchases, down from 12.6% in 2012. In 2011, that age group bought 10.8% of new… Read More
The post Millennials Aren’t Buying New Cars Like They Used To appeared first on Credit.com.
If investing 15 minutes would save you $50 a month for the next three years, would you do it? That seems like a no-brainer, but you’d be surprised how many people are passing up a similar deal. That would be a total savings of $1,800 or, put another way, that 15 minutes would be an opportunity… Read More
The post Can You Refinance a Car? appeared first on Credit.com.
If you’re having a tough time paying your mortgage, the Biden administration is extending certain programs to help you. Previously, these protections â including a temporary stay on foreclosures, and options for forbearance â were set to expire at the end of March 2021. But seeing as we’re still not done with the coronavirus crisis […]
The post What Do Biden’s Mortgage Protection Extensions Mean for You? appeared first on Good Financial Cents®.