Some people assume they donât need to worry about their credit score because they plan to live their lives debt-free. While itâs certainly possible to get through life without using credit, there are many âhiddenâ…
The post 5 Ways Your Credit Score Can Affect Your Life appeared first on Crediful.
With home prices (and interest rates) on the rise, itâs getting more and more difficult to qualify for a mortgage. One simple strategy you can employ to boost your purchasing power is to pay down existing debts. Iâve already warned prospective mortgage applicants to avoid swiping their credit cards before and during the mortgage process, [&hellip
The post Pay Down Your Debts Before You Apply for a Mortgage to Increase Purchasing Power first appeared on The Truth About Mortgage.
Back in 2013, FHA home loans became a lot less attractive because most newly originated mortgages required mortgage insurance to be paid for the entire life of the loan. Instead of paying mortgage insurance premiums for say 5-10 years, or until the loan-to-value (LTV) fell to 78%, many new FHA borrowers were stuck paying the [&hellip
The post New Bill Aims to End FHA Mortgage Insurance Premiums for Life Policy first appeared on The Truth About Mortgage.
Getting your first credit card typically indicates a sign of maturity and increased financial responsibility, but how old do you have to be to get a credit card? Itâs a question that makes sense to come up for a teenager....
The post How Old Do You Have to Be to Get a Credit Card? appeared first on MintLife Blog.
As the housing market changes, here are the ideal homes for America's generations, from Generation Z to Baby Boomers!
The post What are the Ideal Homes for America’s Generations? appeared first on Homes.com.
Mortgage Q&A: âDo mortgage payments increase?â While this sounds like a no-brainer question, it’s actually a little more complicated than it appears. You see, there a number of different reasons why a mortgage payment can increase, aside from the obvious interest rate change. But let’s start with the obvious and go from there. And yes, [&hellip
The post Do Mortgage Payments Increase? first appeared on The Truth About Mortgage.
Flagstar Bank is the latest mortgage lender to offer a home loan with zero down payment requirement. They even go a step further by offering to pay the borrowerâs closing costs too. Sounds pretty sweet, doesn’t it? Unfortunately, the new loan program is only available to select borrowers in the state of Michigan, where most [&hellip
The post Flagstar Offering Zero Down Mortgages to Michigan Home Buyers first appeared on The Truth About Mortgage.
Youâve been making your monthly payments, staying within your current credit limit, and crossing your fingers that your credit card company decides to increase your limit. Maybe youâre making plans to take that month-long Europe trip youâve been dreaming about,...
The post 3 Easy Tips: How To Increase Credit Card Limit appeared first on MintLife Blog.