Don’t Believe These 3 Credit Myths

Credit scores and credit reports can be a bit of a mystery but having a good understanding of them will greatly benefit your financial future. Myth: A bad credit score will stick with you forever. Reality: Even if you suffer from something like bankruptcy or foreclosure, which does have a terrible impact on your credit, ...

Why Some Mortgages Are Cancelled Suddenly

After all the insane amounts of paperwork you’ve supplied with endless questions answered and hundreds of dollars spent on an appraisal and home inspection, your loan is finally approved. You’re beyond excited and get everything ready for moving day. But then you get a phone call from your lender telling you your loan is not ...

Tips To Avoid Credit Road Blocks

When you go through the steps in obtaining a mortgage it is important to maintain your credit throughout the entire process, even after your loan is approved. Lenders may need to check your credit multiple times to verify the numbers making certain you are eligible for the loan. If you begin making large purchases or ...

Mortgage Myths Revealed

Myth: The Interest Rate Determines The True Cost Of The Mortgage The annual percentage rate (APR) is what is used to determine the true cost of the mortgage. The APR includes the interest rate, points, mortgage insurance, and all other fees. This figure will give you a better idea of the total cost over the ...

Ways to Live More on Less

Ways to Live More on Less You know the basics – coupon clipping, packing your lunch and car pooling are all great ways to spend less of your money. But here are some other ways that you can live well on less money. Try these following tips and you’ll soon be reaping the benefits. Cut ...