Category: Credit Report

How Credit Monitoring Services Can Help When Purchasing a Home

Purchasing a home is usually the largest financial decision of one’s lifetime. It’s complicated, time-consuming and requires a substantial financial outlay. Of course, an essential part of the homebuying process is obtaining a mortgage. Indeed, much of the decision-making surrounding which home to make an offer on revolves around the monthly payment: how much will…

Savings for College: 4 Strategies to Consider

While education might be priceless, it isn’t free. According to data reported to U.S. News, the average college tuition for the 2019-2020 school year ranged from $41,426 (for private colleges) to $11,260 (for state colleges). These figures do not include room and board, in addition to other expenses, such as books, computers and travel, which…

How Does the Mortgage Process Work?

The vast majority of home buyers purchase their dream home with financing, and that means applying for a mortgage. Don’t believe everything you’ve been warned about, however. The loan application process is more user-friendly, automated and transparent than many property novices are aware. Here are the key steps to address, and tips for getting ahead…

When and Why It Makes Sense to Refinance Your Home

With mortgage rates hovering at record lows, many homeowners find themselves asking the question: should I refinance my home? There are indeed several factors to consider and of course, no two situations are alike. You can perform this analysis yourself, or work with your personal banker or mortgage consultant to decide what works best for…