Subject: Foreclosure can cause your credit score to drop 100-plus points—here’s how to recover

Foreclosure can cause your credit score to drop 100-plus points—here’s how to recover

May 12th, 2020 at 7:04 pm EST

Foreclosure can cause your credit score to drop 100-plus points—here’s how to recover Similar to medical debt and certain bankruptcies, it takes seven years for foreclosures to disappear from your credit report. The unfortunate news is that as lo ...

When (and When Not) to Refinance Your Mortgage

April 25th, 2020 at 9:13 pm EST

When (and When Not) to Refinance Your Mortgage Refinancing a mortgage means paying off an existing loan and replacing it with a new one. There are many reasons why homeowners refinance: to obtain a lower interest rate; to shorten the term of their mo ...

Investing in Real Estate During a Financial Crisis

April 8th, 2020 at 4:19 pm EST

Investing in Real Estate During a Financial CrisisIt’s never fun to navigate stormy times—but recessions are just as much a part of investing as sunny days. Smart real estate investment strategies will keep you steady, despite the rough waters of ...

Home equity is at a record. Why aren’t more owners tapping it?

March 19th, 2020 at 12:42 pm EST

Home equity is at a record. Why aren’t more owners tapping it? ...

Mortgage rates were already at record lows. Now they could go even lower !

March 6th, 2020 at 9:57 am EST

Mortgage rates were already at record lows. Now they could go even lower An emergency rate cut from the Federal Reserve, the 10-year Treasury bond yield at historic lows -- if you've been waiting to refinance or buy a home, it appears y ...

US mortgage rates hit 3-year low

February 11th, 2020 at 2:31 pm EST

US mortgage rates hit 3-year low Mortgage rates have hit their lowest level in more than three years, which could provide a boost to the country’s housing market heading into spring. The 30-year fixed-rate average fell to 3.45 percent, ...

Mortgage rates sink to lowest level in three months

January 24th, 2020 at 7:56 pm EST

Mortgage rates sink to lowest level in three months Mortgage rates fell to three-month lows and are expected to remain there in the near term. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average fell to 3.6 p ...

No, Your Down Payment Doesn't Have to Be 20 Percent

January 20th, 2020 at 4:49 pm EST

No, Your Down Payment Doesn't Have to Be 20 Percent Making the decision to buy a home is one of life’s biggest. And paying for it is one of life’s biggest expenses. “It can be very scary at first, being a single woman on one income ...

5 ways the housing market will surprise us all in 2020

January 13th, 2020 at 9:15 pm EST

5 ways the housing market will surprise us all in 2020 In my three decades in the financial markets, I’ve come to ex ...