Your Guide to Home Loan Refinancing

Home Loan Refinancing- There are several reasons why you may  consider refinancing your home loan. Interest Rates May have Fallen Your credit score may have improved You may want to change to a different kind of mortgage   Benefits of Refinancing your mortgage. Securing Lower Interest Rates The #1 reason most people decide to refinance is to lock […]

Rebuild Credit After Foreclosure

Rebuilding Your Credit A foreclosure is often believed to be the one worst thing that could ever happen to your credit score. While there is little doubt that it will damage your credit score considerably, the good news is that YOU CAN Rebuild Your Credit Score . In fact, your credit score can start to rebound in […]

High Performance Savings Accounts

Getting the Most from Your Savings Accounts  Building up a savings account is not as rewarding as it used to be. Interest rates on savings accounts are at all-time lows, which means that you will receive fairly minimal amounts of interest from cash held in most savings accounts, often the interest that you earn is […]

Should I Roll My Mortgage Insurance Premiums Into the Loan?

Mortgage Insurance Premiums If you are buying a new home but don’t have a 20 percent down payment,  your mortgage company will require that you have mortgage insurance. The major disadvantage of mortgage insurance is that you as the borrower pay the premiums but the benefits go to the lender. If a borrower defaults on a loan, mortgage insurance pays funds to […]

Choosing The Best Bank

By Tim McMahon, editor Finding the right bank is much different than it was twenty years ago. In those days, you went to a bank primarily because it was located in your neighborhood and it was convenient or perhaps because they offered a gift like a toaster for opening an account. Today with the advent of […]