Category: All About Insurance

No one loves carrying debt, but if you have to do it, a mortgage is usually one of the cheapest ways to go about it. Especially now with interest rates at historical lows, plus the fact that any interest incurred...

To ensure the best rate and the best home buying experience, it is important to shop around for the right lender. The best approach is to find several options and provide all of them with the same pertinent financial information....

When taking out a loan like a mortgage, your potential lender wants to know how much you currently owe versus how much you make. To increase your chances of securing the best rate possible, it is wise to pay off...

It’s not wise to purchase a home unless you can plan to stay there for at least a few years. With the various expenses incurred in each home-buying transaction, you may end up losing money, even if the value of...

The Associated Press is reporting that average mortgage rates dropped this week from 4.15 to 4.13 percent for 30-year loans, and from 3.24 to 3.23 percent for 15-year loans. These rates are even lower than they were at this time...

In order to save some cash over the life of your mortgage, you may consider taking out a bigger loan than you need and making one large, lump-sum payment toward the principal immediately after closing. By doing this, you will...

When mortgage rates fell below 4 percent in 2011 and dropped to a record low of 3.3 percent in 2012, many people purchased new homes or refinanced their existing homes. Good news at the time, but bad news for the...

“Social Security is an invaluable benefit to millions of Americans. And what it means for those looking for a mortgage may surprise you. The common myth For years, mortgage giants Fannie Mae and Freddie Mac have allowed Social Security to count as income...

“When interest rates drop, there’s often a surge in home refinancing. A low-interest-rate environment is bad for savers, but it can be great for those interested in refinancing a home or buying one. The good news is that interest rates are still...

The Case-Shiller Index increased 0.19% month-over-month and 10.8% year-over-year. Home prices have increased the most in cities like Phoenix, Detroit, and San Francisco. There hasn’t been much growth in most Northeast, where judges must approve foreclosure. Image via Twitter/ShillerFeeds Continue...