When Debt Can Be Good for You – And When It’s Bad

It’s next to impossible to go through life without accruing some debt. The good news is that some loans can be healthy and even productive, which means there’s no rush to pay them off. Other debts should be erased more quickly. Here are a few examples of debt that can help and hurt your financial […]

What Homeowners Need to Know about Refinance Rates in 2016

Currently, refinance rates are at historic lows — but not for long. In April of this year, average rates for 30-year fixed mortgages decreased to a new bottom from an already low point. Since consumers and real estate professionals have been waiting for an increase to happen, these low rates continue to spur increased lending […]

FHA vs. Conventional Loans: What Are the Differences?

If you are obtaining financing for a home purchase, you have more choices than ever when it comes to finding the right type of loan for your situation. Conventional mortgage loans and FHA loans are two of the most popular types of home financing available, and their major difference comes down to insurance — FHA […]

HOW GETTING PREAPPROVED FOR A MORTGAGE DIFFERS FROM BEING PREQUALIFIED

You’ve probably heard this one: A home is the biggest — and most important — purchase of your life. Although that bit of conventional wisdom may be enough to cause even the coolest homebuyers to break out in a nervous sweat, this process doesn’t have to be the most complicated you’ll ever face. Securing a […]

5 Things You’ll Need to Open a Bank Account

The process of opening an online bank account is easier than making the trek to your local bank branch. Not only do you get the flexibility and convenience of setting up your account from anywhere, but you’ll also be able to do this on your schedule – day or night. When you’re ready to open […]