What do you do when you can't afford your student loan payments? This is becoming a more common question in an uncertain economy. Jonathan recently asked: I cannot afford my student loans due to my ... Read More about What Do You Do When You Can’t Afford Your Student Loan Payments?
My wife and I got our first mortgage bill for 2008 and our mortgage payment dropped $150 per month! We have a fixed rate mortgage and the lower mortgage bill is a result of a change in our property ... Read More about My Mortgage Payment Dropped $150 Per Month
Mortgage escrow accounts are a fact of life for most people with a mortgage. In most cases, your escrow account runs in the background and you probably don't think about it unless something goes ... Read More about Mortgage Escrow Accounts Explained – The Good, the Bad, and the Ugly
A Home Equity Line of Credit (HELOC) is a flexible line of credit against the value of your home. You use your home’s equity as collateral against the loan. Usually, the borrower agrees to a certain ... Read More about What is a Home Equity Line of Credit? HELOC Risks & Benefits
Bank of America recently announced it is offering no-fee mortgages and will not charge for private mortgage insurance (PMI), which is good news for a number of reasons. Bank of America is one of ... Read More about Bank of America Offers No-Fee Mortgages, No PMI
At least, the offer is good for up to $50,000 based on preset criteria for credit-worthiness. It's a legitimate offer too, as it is from my bank. I paid off my auto loan with them about 6 months ago, ... Read More about Pre-Approved For $50,000 Auto Loan