6 Damaging Side Effects of Having a Bad Credit Score

As you make another large purchase against your credit card, inching closer towards maxing out, you might not realize the negative ramifications this activity will have on your credit score. The same goes for making the odd late payment on…

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The post 6 Damaging Side Effects of Having a Bad Credit Score appeared first on MintLife Blog.

20-Year vs. 30-Year Mortgages: Get a Lower Rate?

It’s time for a new mortgage match-up. Since paying down the mortgage early seems to be so en vogue these days, it makes sense to compare “20-year mortgages vs. 30-year mortgages.” The most common type of mortgage is the 30-year fixed. It amortizes over 30-years and the mortgage rate never changes during that time. Each [&hellip

The post 20-Year vs. 30-Year Mortgages: Get a Lower Rate? first appeared on The Truth About Mortgage.

How Long Does it Take to Buy a House

In this article: Time-consuming steps of buying a house How fast can you buy a house? 1. Start financial preparation 2. Get to know your market 3. Get pre-approved and start searching 4. Make an offer 5. Complete escrow-related tasks and finalize plans 6. Close on your new home On average, it takes 4 ½ […]

The post How Long Does it Take to Buy a House appeared first on Home Buyers Guide.

My home buying story: How VA loans helped this service member buy a home

    Name: Chris V. Year: 2004 City: Kapolei Occupation: Army Age: 21 Salary: $20,000 + $1,300 a month housing allowance Home Price: $160,000 Chris and his wife, Nichole, had only been married for a couple of years when they bought their first home in 2004. Like most young couples, they didn’t have enough income for a giant mortgage or […]

The post My home buying story: How VA loans helped this service member buy a home appeared first on Trulia's Blog.

How to Deal with an Underwater Car Loan When You Can’t Sell

According to experts at the automotive website Edmunds, a new car loses up to $7,419 of its value during the first year on the road. Over the next three years, new cars lose an average of $5,976 in value, mostly due to age and wear and tear. This shows just how quickly a fancy new… Read More

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