Building An Emergency Fund During An Emergency

Mortgage , ,
By now, it should be apparent that this COVID-19 (Corona-virus) pandemic is going to be here for several months. It is already causing the market to plummet and is disrupting jobs all over the country. Many people who work as hourly employees (or are independent contractors) are starting to suffer. As people's budgets start to feel the squeeze, this is exactly the time that people should be relying on an emergency fund; however, for those who don't have one, it is time to start saving. How To Create An Emergency Fund Even though cash assistance from the government might be…
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Is A 15 Or 30 Year Mortgage Right For You?

Mortgage , ,
When someone is looking to purchase a house, they need to think about how long they want their mortgage to last. While a bank can structure a mortgage to last for any number of years, the most common lengths are 15 and 30 years. While a 30-year mortgage is typically more affordable, a 15-year mortgage is cheaper overall.  When someone is trying to decide how long they want their mortgage to last, there are a few important tips to keep in mind. The Benefits Of A 15-Year Mortgage There are a few important benefits that everyone should know about a…
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3 Traps First-Time Homebuyers Fall Into — And How To Avoid Them

Real Estate , ,
When someone purchases their first home, this is a significant step. There are a number of issues that people need to think about because purchasing a home is typically someone's most significant investment. With this in mind, there are three common traps that first-time homebuyers often fall into. Fortunately, there are ways to avoid these traps as well. Looking At Homes Before Applying For A Mortgage Perhaps the biggest mistake that people make is that they look for homes before they apply for a mortgage. Without a successful mortgage application, it will be difficult to find a home at all.…
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