A complete home and money know-how includes a solid understanding of a variety of topics – some you may not…
Do you know where the interest rate on your credit card currently stands? With the recent drops in the Fed…
After many years of looking at overwhelming balances on my credit card statements, it was one heck of a feeling when…
With all the news about the mortgage industry and the now infamous credit crunch, it can be difficult to see opportunity. But don’t let the negatives cloud over the positives. If you’re looking to buy a home, you’re in a good spot. Mortgage interest rates are at their lowest since 2005.
Your FICO credit score just got a facelift. FICO ’08 is the new and supposedly improved version of your credit score that creditors and lenders will use to determine whether they’ll extend credit to you, how much, and the rates, terms and conditions.
With the new year upon us, it’s time to reflect back on 2007 — all of our money successes and mistakes — and consider how to apply the things we’ve learned to 2008. Bankrate does just this in its 2008 Financial Forecast. From the best and worst of 2007, to the money experts’ crystal ball predictions for 2008, this guide provides a “wealth” of knowledge about your money.
Money matters befuddle even the smartest of us, especially when a dilemma arises that doesn’t lend itself to logic. Ever wonder if you should be throwing that extra cash toward your credit card debt or saving for retirement? Or both? What about leasing or buying a car? Do you know what’s best for your wallet?
It’s more important than ever to take care of your credit. But what’s good for your credit score isn’t always obvious (or logical). Here’s a great Credit Cards 101 article, which answers a lot of common questions about credit cards and credit scores.
The Federal Reserve — aka “the Fed” — lowered the Fed funds rate today by 1/4 point to 4.25 percent. Great, but what does that really mean?
I know, it’s the holidays and extra cash is a rarity for most of us. But if you’re in the lucky spot of being able to afford putting extra money toward your mortgage, there are a few questions you should ask yourself first if you want to make the right choice financially, according to ABC News and the experts.
It’s not always easy to recognize when it’s time to refinance. But if you don’t stay on top of things, you may be throwing away money each month on your mortgage payment. Thankfully, there’s a resource out there that can give you a great start toward understanding your options and when to act: The Home Loan U Guide to Refinancing.