Personal Finance Articles
Ready to buy a second home? Or maybe you want to purchase an investment property. You need to know the difference between the two, because getting a mortgage loan for one is usually a more complicated and costly process.
Lenders can't deny you a loan because you aren't married or because you are divorced. They can't reject your loan application because you are widowed.
Raising a deductible is an easy way to lower an insurance premium, moving some of the risk from the insurer to the policy holder. Raising a homeowner's insurance deductible from $500 to $2,000 lowers the average annual premium by 16 percent nationally, with savings ranging from 4 to 40 percent, depending on where you live, according to recent report by insuranceQuotes.com.
The numbers are surprising: The Consumer Protection Financial Bureau in early May reported that about 45 million U.S. adults do not have enough of a credit history to have their own credit scores.
The national unemployment rate was 5.4 percent in April, a far drop from the 10 percent seen in 2009, according to figures from the Bureau of Labor Statistics.
Solar energy has longed seemed to be one of those things that is forever in the realm of "someday." So many homeowners may be surprised to learn that "someday" is now - solar has definitely arrived, and it can save you some big money on your energy bills.
You provide reams of personal and financial information to your mortgage lender when applying for a home loan or refinance. But how safe is this information?
The idea that homeownership is a path to wealth has been behind U.S. housing policies for more than 50 years, and the effort to increase the rate of homeownership has failed miserably, according to the American Enterprise Institute (AEI).
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