U.S. mortgage rates jumped to a four-month high, increasing home-loan costs as the economy shows signs of strengthening. The average rate for a 30-year fixed mortgage was 4.23 percent, up from 4.12 percent last week and the highest since early May, Freddie Mac said in a statement Thursday. The… read more →
Everyone dreams of a more secure financial future. Don’t be discouraged if you sit at the beginning of the path. Maybe this year it’s your turn. Here then are ten simple but effective steps to build a better financial future. Set Financial Goals If you don’t know why you’re doing this —… read more →
Car shares, bike shares, improved rapid transit and teleworking. All are the product of a new generation that is more environmentally conscious than any before it and more willing to use its own energy to get around town, rather than tapping expensive energy sources. Millennials prefer urban cores, even ones… read more →
You’ve checked out the schools and read neighborhood crime statistics. You’ve timed your commute and figured out where to buy groceries. But what are you missing when it comes to evaluating a new neighborhood? Don’t forget to check these seven neighborhood details before you sign a lease or buy a… read more →
If you have been booted from your apartment, it might seem like you will be facing certain disaster in trying to rent another place. An eviction can definitely damage your rental and credit history, but if you take the right steps, it can be more like a bump in the… read more →
Getting denied a home loan can be caused by a number of factors. Before you apply, check out with these factors may be – and what you can do to avoid rejection. No matter how you look at it, getting rejected for a home loan can hurt. With some new rules… read more →
Your Glossary to Mortgage Lending Adjustable Rate Mortgage A mortgage loan were the interest rate adjusts periodically based on the changes of a specified index such as the one-year Treasury Bill or the LIBOR. Amortization The calculation of the amount of the installment payment it takes to pay off the obligation… read more →