With the holiday season right around the corner, now’s the perfect time to get a handle on any outstanding credit card balances. The last thing you want to do is add costly holiday expenses onto existing balances – especially if that debt is already difficult to manage.
Recently, you may have noticed increased chatter about refinancing your mortgage or buying a new home. But what is all the hype about, and why now?
As the COVID-19 pandemic continues and variants unfold, both current homeowners and prospective buyers are benefiting from some of the lowest mortgage rates in our country’s history. From lower monthly payments to more buying power, record-low mortgage rates translate to huge savings for homeowners.
Whether you’re purchasing your first car or your seventh, buying a new vehicle is exciting. From the model, features, and color, you have many important decisions to make. However, that excitement can wane the minute you start talking about finances.
Credit cards offer one of the most convenient ways to pay for goods and services, especially in financial emergencies. However, it’s crucial to remember that credit cards are indeed loans and must be managed responsibly.
While purchasing a home is an exciting time, it’s also a significant financial investment. Before you get ahead of yourself, you must understand what lenders will be looking for when applying for a mortgage and the upfront costs of buying a home.
Below are some ways to ensure you’re prepared when it comes to financing your new home.