Wondering if you can afford your monthly mortgage payment? Learn how to set a budget to determine how much home you can afford with this article from Better Money Habits.
Is mortgage forbearance a good idea? Mortgage forbearance isn’t necessarily a bad idea, as long as you communicate with your lender or servicer and have a plan for when the relief period ends. When you can’t afford to pay your mortgage, forbearance gives you a chance to sort out your...
Canada’s two main providers of reverse mortgages are HomeEquity Bank, which began offering reverse mortgages in 1986, and Equitable Bank, which was founded in 1970. While both are Schedule 1 banks, neither have physical branches you can visit. HomeEquity Bank’s reverse mortgage products are...
Dodge New Year Credit Score Drops Learn from the experts how to protect your credit score while navigating the pressure to spend beyond your means. Jessica WalrackDec. 31, 2024 Signs of Fraud on Your Credit Report Act quickly to prevent scammers from accessing more information and do...
reverse mortgage until you die. Well, if you do bite the dust before paying off your loan, your family will have two options: Pay back the entire amount you owe, or give up your home to the bank. Is that really the sort of situation you want to leave your family in when you die?
How do I get a mortgage if I have bad credit? Bad credit can limit your ability to get a mortgage. You may have options available to you, but the interest rates you’ll qualify for won’t be cheap. If you don’t want to put off purchasing a new home, there are immediate steps...
How much income do I need to afford a $1 million house? Assuming you’re getting a mortgage, your income will only be one of the factors that lenders consider. If you have excellent credit, lots of savings, and don’t have any other debts, you might be able to buy a $1 million...
6 Holiday Front Porch Decor Ideas Spruce up your outdoor space this holiday season with these easy decorating tips. Liz Brumer-SmithDec. 12, 2024 Is Rent Due After a Natural Disaster? Learn tenant and landlord responsibilities after a catastrophe and the legal steps you need to ...
The cost of your kitchen remodel depends on materials, labor, location and the scope of the project. Josephine NesbitDec. 9, 2024 How to Prepare for a Home Renovation Going through a renovation can be nerve-racking, but there are ways to avoid or reduce that stress. ...