Refinance

Coronavirus Mortgage Relief: What Homeowners Need to Know

The Coronavirus Aid, Relief and Economic Security Act—also known as the CARES Act—is a $2 trillion stimulus package passed by the federal government. The goal of the CARES Act is to provide relief for individuals and businesses struggling with the financial fallout of the COVID-19 pandemic and resulting shutdowns. One of the components of the… Read More

The post Coronavirus Mortgage Relief: What Homeowners Need to Know appeared first on Credit.com.

6 Steps to Buying a Preforeclosure Property

Everyone knows you can buy a foreclosed home below market value, but what about a preforeclosed home? This article explains what a foreclosure is, how the process works, and tips for buying one. Check Rates: Check Today’s Rates What is Preforeclosure? Preforeclosure refers to the status of a home. This means the owner(s) are falling […]

The post 6 Steps to Buying a Preforeclosure Property appeared first on The Lenders Network.

How to Buy a HUD Home (And When You Should)

If you’ve been actively house hunting for a while, chances are you’ve come across a real estate listing that’s been referred to as a HUD home. But what does that actually mean? Is this type…

The post How to Buy a HUD Home (And When You Should) appeared first on Crediful.

Home Equity Loan vs Line of Credit

If you need a quick cash injection and own sizeable equity in your home, equity loans can help. Home equity loans and home equity lines of credit are low-interest rate loans taken out against your home. Also known as second mortgages, they allow homeowners to tap into their equity, and offer a plethora of benefits, as well as a few downsides. But […]

Home Equity Loan vs Line of Credit is a post from Pocket Your Dollars.

Should You Upsize Your Home When Your Kids Are Teens?

As your children grow into the teen years, your house can begin to feel cramped. Many people choose to upsize their house at this time, but is it necessary?

The post Should You Upsize Your Home When Your Kids Are Teens? appeared first on Bible Money Matters and was written by Melissa. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

Best Cities for Diversity in STEM – 2020 Edition

Over the past 30 years, employment in science, technology, engineering and math (STEM) jobs has grown by almost 80%, according to a recent figure from Pew Research Center. However, there is still significant disparity in representation across gender lines and … Continue reading →

The post Best Cities for Diversity in STEM – 2020 Edition appeared first on SmartAsset Blog.

20-Year vs. 30-Year Mortgages: Get a Lower Rate?

It’s time for a new mortgage match-up. Since paying down the mortgage early seems to be so en vogue these days, it makes sense to compare “20-year mortgages vs. 30-year mortgages.” The most common type of mortgage is the 30-year fixed. It amortizes over 30-years and the mortgage rate never changes during that time. Each [&hellip

The post 20-Year vs. 30-Year Mortgages: Get a Lower Rate? first appeared on The Truth About Mortgage.

If a Mortgage Lender Reaches Out to You, Reach Out to Other Lenders

A lot of homeowners are looking to refinance their mortgages at the moment. That’s abundantly clear based on the record volume of refis expected this year, per the MBA. And while mortgage rates are in record low territory, thus making the decision to refinance an easy one for most, it still pays to shop around. [&hellip

The post If a Mortgage Lender Reaches Out to You, Reach Out to Other Lenders first appeared on The Truth About Mortgage.

It’s Taking a Really Long Time to Get a Mortgage Right Now

Similar to the increased waiting times to get a COVID-19 test these days, it’s taking an extended amount of time to get a mortgage to the finish line. The reason is simply unprecedented demand, just like those COVID-19 tests. The more people that need one, the longer the wait, period. This is the downside to [&hellip

The post It’s Taking a Really Long Time to Get a Mortgage Right Now first appeared on The Truth About Mortgage.