How to Financially Prepare for Buying a House
When it comes to buying a house there is no getting around it – you are going to have to have your finances and paperwork in order.
Fed Rates Unchanged Amidst Coronavirus-Impacted Economy, No Increases Through 2022
On June 10, the Federal Reserve announced it would leave interest rates unchanged to help preserve the flow of credit in an economy significantly hit by the coronavirus pandemic. The Fed predicts no interest-rate increases through 2022.
How Credit Scores Impact Your Interest Rate
We should all make sure we look after our finances, especially when a home purchase is on the horizon. Your financial well-being can have a huge impact on the interest rate you'll end up paying on your mortgage. Most lenders, whether U.S.-based or not, are going to check your financial status before they even start talking about prevailing mortgage interest rates. In other words: Your credit score really matters!