Tag Archives: student loans

What is Cash-Out Refinancing and When is it a Good Option?

Part of Money Matters

What would you do with some extra cash in your pocket? Wipe out your credit card debt once and for all? Update your kitchen? Finally finish your basement? Pay off high-interest student loans or personal loans? Refinancing your mortgage with…

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The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.

What is Mortgage Forbearance and is it a Good Idea?

Part of Money Matters

Have you ever gotten a bill and immediately wondered how you’ll come up with the money to pay for it? It’s a common situation, especially when you experience financial hardship or an unfortunate job loss. It’s a good rule of…

Next Up!
The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.

How to Calculate Debt-to-Income Ratio (DTI) Yourself

Part of Homebuying 101

When you first thought about purchasing a home, you probably jumped online to do some basic research. You may have wondered about what information you need to share with a lender or mortgage broker to buy a home. Here’s one…

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Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

How Much of Your Income Should You Spend on Your Mortgage?

Part of Homebuying 101

What percentage of income should go to mortgage payments?  It’s a good question, particularly when you’re ready to buy a home for the first time. Just like other important financial decisions, you want your monthly mortgage payment to fit seamlessly…

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Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

What is an FHA Loan? Everything You Need to Know

Part of Homebuying 101

As you read through our homebuyer’s guide, you may wonder which home loans could work best for you.  A conventional loan, the most common type of non-government backed loan, requires you to have a minimum credit score of 620. Your…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

Do Millennials Value Homeownership Over Other Life Events?

Part of Money Matters

Some people think that Millennials—the generation born roughly from 1981 to 1997—are destined to live at home with their parents forever, or at least, llong after graduating from college and securing full-time jobs. As recently as 2015, Millennials were making…

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The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.

Think Millennials Homebuyers Are Buying in Big Cities? Think Again.

Part of Homebuying 101

In the popular imagination, Millennials live in big city apartments or occupy their parents’ basements rent-free. But in fact, members of the Millennial cohort—that generation of young adults born roughly between 1980 and 1998—bought more homes last year than people…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

4 Tips to Balance Your Mortgage With Student Loans

Part of Money Matters

Balancing any household budget can be a juggling act. Adding a mortgage loan on top of everything else can make it seem almost impossible. In fact, Millennials have put off big investments like purchasing a home, often citing the large…

Next Up!
The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.

How To Buy A Home While Paying Student Loan Debt

Part of Money Matters

This post is by Credible.com, a marketplace where borrowers can see personalized rates from multiple, vetted lenders who offer student loan refinancing. With rents rising in hot job markets around the country, many millennials who are paying down student loan debt…

Next Up!
The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.