All Entries in the "Government" Category
Protect yourself from credit repair scams
Creditors have tightened their guidelines, effectively barring millions of Americans from borrowing money
For full article, click here
Refinancing your mortgage in uncertain financial times
Last September, the Federal Reserve announced its intention to keep interest rates at near historic lows at least until mid-2013. That’s good news for homeowners with decent credit and equity in their homes.
For full article, click here
Tips for first-time homebuyers
Home ownership is a big step; make sure you are ready for this. One way to find out is by test driving home ownership first. Try living for three to six months within a budget as if you had purchased the home. Can you manage and adjust your lifestyle to make this work?
For full article, [...]
Mortgage modification program expanded to investors, others
The Obama administration on Friday announced it would significantly broaden the pool of consumers eligible for mortgage modifications by opening its program to owners of rental properties and homeowners burdened by medical and credit card bills and second mortgages.
For full article, click here
12 ways to rebuild your credit
Rebuilding credit should be at the top of the list for 2012. Too many credit scores took fairly big hits during the recession. Here are a dozen ways to deal with credit in 2012…
For full article, click here
Credit Scores: 9 Things That Don’t Matter, 5 That Do
Nearly 1 in 6 people believe race and gender affect their credit score, according to a study published last month. For something that affects our ability to get everything from a home or car loan to a job, life insurance, and a decent credit card, it literally pays to understand what’s going on.
For full article, [...]
Using a Bi-Weekly Mortgage Saves Money and Reduces Mortgage Repayment Time
For many a refinance is just not possible for a variety or reasons. For these individuals, there may be another option to save interest paid on your mortgage as well as reduce the total number of payments left over time.
For full article, click here
Don’t become a victim of a mortgage modification scam
Homeowners struggling to make their mortgage payments should beware of con artists and scams that promise — for a fee — to help them lower their debt or save their homes from foreclosure, federal regulators say.
For full article, click here
30 Ways to Snowflake Your Debt Away
Most people that have decided to take control of their finances and reduce their debt have come across at least one of the various debt snowball methods. It’s an effective way to arrange the debt so that there is the greatest opportunity to succeed in paying it all off.
For full article, click here
5 reasons to get a new mortgage in 2012
Mortgage interest rates, near all-time lows, are likely to remain attractive throughout 2012. That means opportunities for new homebuyers and for homeowners who want to refinance.
For full article, click here
How to start getting out of debt before the end of January
One in ten people will still be paying off their Christmas debts next year, according to research. While the majority of people will take an average of six months to pay off their debts, some 8 per cent will still be in the red next Christmas.
For full article, click here
