Of course, there is help from the government to encourage people to own homes, despite stricter mortgage lending rules put in place last year to cool down the market. As discouraging as that may have been for some homeowner hopefuls, remember that our conservative banking practices here have k...
FortuneBuildersnotes that when rent increases, fewer people are buying homes in an area. This means many people are turning to the rental market to fulfill their housing needs. As a result, more demand for rental properties allow landlords to increase prices, keeping up with national mortgage ...
Home maintenance costs are the one factor that most people tend to forget when preparing to buy a house. Financial experts agree on saving 1-3% of the purchase price of your house annually, for starters. For example: You purchase your home for $185,000. This means you should be saving ...
The federal government’s Lifeline program was created to assist limited-income households in affording internet. Lifeline provides a discount of $9.25/mo. (or $34.25/mo. for people on Tribal lands). You can use it on a landline, a cellphone plan, home internet service or even an interne...
Housing affordability is viewed as a top problem within the U.S. by Democrats, Republicans and Independents alike, according to a Maypollfrom the Bipartisan Policy Center. The difficulty of affording a home, as well as the impact of rising rents, are issues that colored how voters viewed the...
When it comes to affording prescription medications, one of the most critical steps is having an open and honest conversation with your doctor. Many people are hesitant to discuss costs with their healthcare provider because they feel embarrassed or worried that it will impact their quality of car...
For instance, if you are a first-time homebuyer, work with a lender that often helps people get into their first house. Same goes if you’re a freelancer or gig worker with non-traditional income. Still, it helps to know the general guidelines so you can start thinking about the pros ...
What are the drawbacks of a bridge loan? While a bridge loan can be a strategic tool for managing the transition between homes, it’s essential to be aware of its potential drawbacks:Additional loan costs: Expect underwriting fees, origination fees, and other associated costs. Increased financial...
We are looking to adopt a child My Account Get Free InfoPregnant? Adopt Explore Contact My Account Home Pregnant? Find an Adoptive FamilyOf all the decisions that you’ll make as a prospective birth mother, finding the right family can be the most important. If you’re thinking of adoptio...
When you are "house rich but cash poor," it means you have more equity in your home than cash in your bank accounts. In these cases, most of your money is tied up in your home rather than being accessible liquid assets. If you need to access cash quickly, you may not be able to ...