In your endless search to find the lowest mortgage rates on the planet, you may be wondering which route will lead to the biggest savings. Should you go to your local bank, try your luck with an online mortgage lender, visit a credit union, or consult with an independent mortgage broker/banker? You’ve Got a Lot [&hellip
The post Do Mortgage Brokers Offer Better Rates Than the Competition? first appeared on The Truth About Mortgage.
Assuming you want to become a homeowner, itâs probably best to go to college, even if you have to take out costly student loans in the process. You may have read articles over the past several years that talk about snowballing student loan debt and the inability to afford a mortgage as a result. While [&hellip
The post If You Want to Be a Homeowner, Go to College and Get a Degree first appeared on The Truth About Mortgage.
Massachusetts Attorney General Martha Coakleyâs Office today filed a lawsuit against now defunct mortgage lender Option One Mortgage Corp. and its parent H&R Block for deceptive lending practices. The suit alleges that the two companies took part in risky lending practices by selling loan products to homeowners that were âdestined to fail,â while also targeting [&hellip
The post State of Massachusetts Accuses Option One of Predatory Lending first appeared on The Truth About Mortgage.
A Wall Street Journal report that claims Merrill Lynch used hedge fund dealings to delay subprime losses has hit the brokerage hard. The story claims Merrill Lynch has been trying to sell off as much as $5 billion in mortgage-related securities to hedge funds in recent weeks as a means to postpone write-downs. The story [&hellip
The post Merrill Lynch Slammed by Report It Delayed Mortgage Losses first appeared on The Truth About Mortgage.
Los Angeles City Attorney Rocky Delgadillo this week launched a new website, FightingMortgageFraud.org, aimed at combating bogus foreclosure avoidance companies. âThis economic crisis has led to a spike in fraud that preys on homeownersâ rapidly dwindling dollars as they desperately search for a way to keep their homes,â Delgadillo said. âI believe it is our [&hellip
The post Los Angeles Launches Mortgage Fraud Reporting Service first appeared on The Truth About Mortgage.
The National Community Reinvestment Coalition said Monday that it filed a civil rights complaint against Morgan Stanley and some of its subsidiaries, including Saxon Mortgage Inc. According to the advocacy group, Morgan Stanley and subsidiaries discriminated against minority borrowers seeking home financing through an illegal practice referred to as redlining. Redlining is defined as the [&hellip
The post Morgan Stanley Accused of Discriminatory Mortgage Lending first appeared on The Truth About Mortgage.
Mortgage Q&A: âHow many mortgage quotes should I get?â When it comes to getting the best deal on your mortgage, you can never shop too much. Just like any other product you may comparison shop for, the more time you put in, the better deal youâll probably receive. Sure, itâs a pain in the you [&hellip
The post How Many Mortgage Quotes Should I Get? first appeared on The Truth About Mortgage.
5 Creative Ways to Fund Your Retirement Accounts is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
The average American is not saving enough for retirement, and this can easily lead to financial stress and even a scarcity mindset. Life expectancy rates are increasing and many retirees are finding that they under-saved and are running out of money. There are creative ways out there to fund your retirement account. While retirement is a long time away for me and this may be the case for you as well, it’s important to contribute something for your financial future and aim to increase contributions each year. This can be challenging when you’re facing everyday expenses like housing and food
5 Creative Ways to Fund Your Retirement Accounts is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
6 Best Robo-Advisors to Begin Investing Online With is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
When you begin to think about investing, all of the details can seem extremely daunting. And just this one fact alone is enough to keep a lot of people from even embarking upon the journey of investing. But, what if the initial investing journey could be much simpler? It actually can be. This is where robo-advisors come into play. In fact, it’s actually how I got started investing again after my divorce. I didn’t have the time or energy to try and figure everything out. Robo-advisors made it pain-free and had really low fees to boot. So, I’ve put together
6 Best Robo-Advisors to Begin Investing Online With is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
Why Everyone Over 30 Should Start Thinking About Life Insurance is a post originally published on: Everything Finance – Everything Finance – Its all about Money!
I donât like to make generalizations too often, but I do feel that everyone over 30 should start thinking about the importance of life insurance. That is, if youâre 30 and over and donât have any life insurance. No one likes to think about their demise, but life insurance is an extraordinary product that can be used to reduce the financial burden you could leave behind for loved ones. Plus, different types of life insurance can even help you build wealth and diversify your assets. Here are 4 important reasons why everyone over 30 should start thinking about life insurance.
Why Everyone Over 30 Should Start Thinking About Life Insurance is a post originally published on: Everything Finance – Everything Finance – Its all about Money!