Finance

Mortgage Loan Purpose Types Overview

The loan purpose type specifies the purpose for which the loan proceeds will be used. The loan purpose may be to purchase a home or to refinance an existing mortgage to obtain a lower interest rate or to get cash. Mortgage industry investors track and report the distribution of loan purpose types in their portfolio in order to mitigate the risk associated with various loan purpose types. In general, buying a home represents less of a risk than refinancing an existing mortgage. Refinance transactions in which the borrower takes out little or no equity (cash) represents less risk than ……

Biden’s executive order will extend foreclosure moratorium

President Biden plans to sign 17 executive orders his first day in office, including an extension of the eviction and foreclosure moratorium.

The post Biden’s executive order will extend foreclosure moratorium appeared first on HousingWire.

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.

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.

75 Personal Finance Rules of Thumb

Don’t re-invent the wheel. Personal finance rules of thumb let you apply wisdom from the past to reach quick solutions.

Here are the Best Options for Hosting Your Website

There are dozens of decisions to make when you start a blog or build a niche website (one of our recommendations for a source of passive income), and choosing a web hosting provider is easily one of the most important. Your web host is the company that ensures your site is constantly live and up-to-date […]

The post Here are the Best Options for Hosting Your Website appeared first on Good Financial Cents®.

How to Feed a Family of 5 For $350 Per Month

How to Feed a Family of 5 For $350 Per Month is a post originally published on: Everything Finance – Everything Finance – Its all about Money!

A new year often brings a lot of change, and my once family of 3 is now a family of 5. We have two boys staying with us for a while and even though we’re making adjustments as they get settled, I don’t imagine my food budget to increase by much. In fact, I’m expecting to only spend around $350 per month for our new family size of 5. No, we will not be eating rice and brand or canned meat every night. Yes, we will be eating healthy, balanced, and filling meals. We may even dine out once or

How to Feed a Family of 5 For $350 Per Month is a post originally published on: Everything Finance – Everything Finance – Its all about Money!

15 best paid survey sites in 2020

If you have some spare time and are looking for ways to make a little extra money, you could try filling out surveys for money. With survey companies paying out millions of dollars to users each year, it’s a legitimate way to earn an income online.

Or is it? There’s a natural skepticism whenever this topic is brought up in personal finance circles, and for good reason. For starters, far too many people have been burned by the claims of ‘scammy’ survey sites in the past, walking away with nothing more than a whole lot of wasted time. And, let’s face it, you’re never going to get rich filling out online surveys. Forget rich, you’re going to struggle just to get to minimum wage.

So why even bother? Survey sites are definitely not for everyone, yet they remain very popular. If you stick to the most reputable ones, there is money to be made. We’re not talking rent-erasing money, but it might cover the cost of your monthly Netflix subscription, or subsidize your coffee habit, which for some people is worth the effort.

In this

Best Home Loans For Single Mothers

Affording to buy a house can be hard enough even as a couple. And for single mothers, unless they earn a high income, getting home loans is even harder. Fortunately, there are home loans for single mothers out there. FHA loan, for example, is a good option for a single parent on a low income …

Continue reading “Best Home Loans For Single Mothers”

The post Best Home Loans For Single Mothers appeared first on GrowthRapidly.