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Mortgage Forbearance Rate Only Rises 3% From a Week Ago, But Second Wave Could Be Coming

Maybe there’s some good news out there, or maybe it’s just the calm before another storm. The mortgage forbearance rate barely budged during the week ending May 10th, per the latest installment of the Forbearance and Call Volume Survey from the Mortgage Bankers Association (MBA). The group said the total number of loans in forbearance [&hellip

The post Mortgage Forbearance Rate Only Rises 3% From a Week Ago, But Second Wave Could Be Coming first appeared on The Truth About Mortgage.

Should You Refinance Your Mortgage While Rates Are Low?

With mortgage rates at historic lows, let’s take a look at what that means and whether refinancing is right for you and your situation.

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The post Should You Refinance Your Mortgage While Rates Are Low? appeared first on MintLife Blog.

Are You Ready to Buy Your First Car?

When I lived in Washington, D.C., right after college, I was the only one of five roommates who had a car. The townhouse we rented was just three blocks from a Metro station which meant that for most of us, it wasn’t necessary. But when my employer moved to the Virginia suburbs, I had no… Read More

The post Are You Ready to Buy Your First Car? appeared first on Credit.com.

Which Should I do First, Pay Off Student Loans or Invest?

One of the many debates personal finance nerds love to talk about is whether to pay off student loans or invest? We go back and forth. Invest or pay off debt? Pay off debt or invest? Do both maybe? IDK.…

The post Which Should I do First, Pay Off Student Loans or Invest? appeared first on Modern Frugality.

Good Debt vs Bad Debt: What’s the Difference?

“Good debt” seems like a bit of a misnomer. After all, debt is debt; it can destroy your credit score, reduce your chances of getting a house or a car and generally make life very difficult for you. But it does exist. Think of it this way: A loan of $500 is always going to […]

Good Debt vs Bad Debt: What’s the Difference? is a post from Pocket Your Dollars.

SoFi Review

SoFi – short for Social Finance, Inc. – started out doing refinances for student loan debts, but have expanded into mortgages and personal loans. And beyond lending, they now offer wealth management and life insurance. Based in Healdsburg, California, and founded in 2011, SoFi has funded more than $25 billion in loans to over 425,000 […]

The post SoFi Review appeared first on Good Financial Cents®.