Buying a house is an exciting milestone – in fact, 94% of Americans say that owning a home is part of the American dream. However, its important to be aware of the things not to do after buying a house. Avoiding common mistakes can save you time, money, and stress. Whether youre a first-time homeowner … Read more
Have your spending habits and financial goals changed since you got your current credit card? Maybe youâre ready to start earning more rewards. Or maybe you arenât using your card enough to justify its annual fee. Whatever the case may be, it could be time for a change. If youâre interested in a different card, … Read more
Hey there, folks! If you’ve been wondering, “Will loan limits increase in 2022?”—well, I’ve got some killer news for ya They didn’t just increase; they shot up big-time! We’re talking a record-breaking jump that’s got homebuyers and real estate investors like us sitting up and taking notice For 2022, the baseline conforming loan limit climbed … Read more
Many employers, especially when hiring for positions that include financial management, perform credit checks on job candidates before making employment offers. Employers may use credit report information to verify an applicants identity and to look for signs of excessive debt or past financial mismanagement. Employers cannot see your credit score, but they can view a … Read more
Don’t wait to call your mortgage servicer if you can’t pay your mortgage or think you might miss a payment. You should also contact a HUD-approved housing counseling agency to get free, expert assistance on avoiding foreclosure. Hey there, friend! Ever wondered if you can just stroll up to your lender with a fat stack … Read more
Right now, home equity levels are high for many homeowners across the nation. According to a recent Black Knight report, the average mortgage holder currently has about $199,000 in usable equity available to them. This is because there aren’t enough homes for sale and more people want to buy because mortgage rates were low during … Read more
How long youve had credit affects your score. But paying on time and not using a lot of your limit matter more. The products shown on this page are mostly or entirely from our advertising partners. They pay us when you click on one of their links and then do something on our site. However, … Read more
Buying a home is one of the biggest purchases you can make. One of the first steps in the process is to get preapproved for a home loan. Mortgage preapproval may seem straightforward, but there are some considerations to be aware of. Most importantly, loan preapproval is not a guarantee. Preapproval means that you meet … Read more
For a score with a range of 300 to 850, a credit score of 670 to 739 is considered good. Credit scores of 740 and above are very good while 800 and higher are excellent. For credit scores that range from 300 to 850, a credit score in the mid to high 600s or above … Read more
There are companies that will charge you for your credit score, but you might be able to get one for free from your credit card company, another lender, or a non-profit credit or housing counselor. You actually have more than one credit score. Credit scores are calculated based on the information in your credit reports. … Read more