Are You a Mortgagee or Mortgagor? It’s mortgage Q&A time! Today’s question: âWhat is a mortgagee?â No, it’s not a typo. I didn’t leave an extra âeâ on the word mortgage by mistake, though it may appear that way. Despite its striking appearance, it’s actually a completely different word, somehow, simply with the mere addition [&hellip
The post What Is a Mortgagee? Hint: It’s Not a Typo first appeared on The Truth About Mortgage.
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.2 percent, up from 3.18 percent.
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.24 percent, up from 3.17 percent.
Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.16 percent, down from 3.2 percent.
âStudent loan defaultâ might be about the scariest combination of words possible. More young people than ever are starting their careers with large amounts of student loan debt, and for some, figuring out how to make the required monthly payments can be a struggle. Student loan default is basically just a term for when you […]
The post Defaulting on Student Loans: What You Should Know appeared first on SoFi.
Although you have to pay back any money you owe, not all debt is created equal. Thereâs installment debt, like an auto loan, mortgage, or student loan, which is paid off in installments. Then thereâs revolving debt, which applies to things like credit cards and home equity lines of credit. Non-revolving and revolving debt affect […]
The post What is Revolving Debt? appeared first on SoFi.
Large Credit Card Purchases Really Can Tank Your Credit Score While missed payments are arguably the worst offense Even racking up a lot of debt can lower your credit score significantly So it’s best to put the spending on hold a few months before applying for a home loan That way there won’t be any [&hellip
The post Don’t Swipe Your Credit Card Before You Apply for a Mortgage first appeared on The Truth About Mortgage.
What is private mortgage insurance, and do you have to pay it? Find out how to remove PMI or avoid it to save money on your home loan.