portfolio
Mortgage Forbearance Rate Hits 7%, Fannie/Freddie May Offer Partial Claim to Repay
Here we go again â the latest Forbearance and Call Volume Survey from the Mortgage Bankers Association’s (MBA) revealed that the total number of loans in forbearance increased from 5.95% to 6.99% as of April 19th, 2020. That means roughly 3.5 million homeowners have now asked for their mortgage payments to be put on hold [&hellip
The post Mortgage Forbearance Rate Hits 7%, Fannie/Freddie May Offer Partial Claim to Repay first appeared on The Truth About Mortgage.
What Every New Investor Should Know About Risk
As a general rule of thumb in investing, more risk, more potential reward. But one of the biggest fears people have when it comes to investing is losing their hard-earned money. Why take the risk when you could keep your cash safely stored in your checking account? Well, a lot of reasons. For one, limiting […]
The post What Every New Investor Should Know About Risk appeared first on SoFi.
Can You Use A 203K Rehab Loan For An Investment Property? – The Mortgage Reports
Can You Use A 203K Rehab Loan For An Investment Property? The Mortgage Reports
Nearly 3 Million Homeowners Already Receiving Mortgage Forbearance
Weâre now getting more information on just how many Americans might be receiving mortgage relief due to the crippling effects of coronavirus. Itâs only been a couple weeks since mortgage forbearance programs were officially launched, including the relief thatâs part of the CARES Act, which allows homeowners to pause six to 12 mortgage payments. And [&hellip
The post Nearly 3 Million Homeowners Already Receiving Mortgage Forbearance first appeared on The Truth About Mortgage.
3 Questions About Small Side Gigs – Answered
The âgig economyâ has exploded in the last few years, with many people seeking out opportunities such as Uber, Lyft, Doordash, and other such tools to earn money in their extra hours â or even to turn a gig or two into their full time work. COVID-19 has also played a role in this evolution, […]
The post 3 Questions About Small Side Gigs – Answered appeared first on The Simple Dollar.
Mortgage Forbearance Rate Only Rises 3% From a Week Ago, But Second Wave Could Be Coming
Maybe thereâs some good news out there, or maybe itâs 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.
Are You Going to Run Out of Money in Retirement?
A portfolio stress test can help give you some peace of mind about that ⦠but if youâre not careful, it could give you a false sense of security. To get results you can trust, make sure the parameters youâre using are realistic.
What Is Asset Allocation?
Asset allocation is the practice of investing across asset classes in a portfolio in order to balance the different potential risks and rewards. The three main asset classes are typically stocks, bonds, and cash. Asset allocation is closely tied with portfolio diversification. Diversification means spreading oneâs money across a range of assets. In a general […]
The post What Is Asset Allocation? appeared first on SoFi.
SoFi Review
SoFi â short for Social Finance, Inc. â 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®.