Homemade Will’s – what you need to know It’s no secret that the cost of living is rising rapidly, and that means people have less money to invest in legal services. With that in mind, some are turning to homemade Wills in favour of professionally drafted ones, saving themselves the fees that are incurred. But […]

Home equity loans allow you to borrow money against the equity in your home. Most homeowners use this loan option to make home renovations, consolidate debts, or finance big purchases, like an investment in properties. Home equity loans have lower interest rates compared to other loans such as credit cards. Though among the greatest risks […]

WASHINGTON, D.C. (March 21, 2022) – The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 12 basis points from 1.30% of servicers’ portfolio volume in the prior month to 1.18% as of February 28, 2022. According to MBA’s estimate, 590,000 homeowners are in forbearance plans. […]

Not all student loan borrowers need to drop everything and refinance right now. Here’s who should rush to refinance and those who have reason to wait. Even with federal student loans in forbearance and talk shifting to prospects for forgiveness, student loan interest rates still matter — and nothing underlines that point better than the […]

Expanding access to credit is a worthy goal. Too many people can’t get a mortgage or an emergency loan at a reasonable rate because they can’t show a solid credit history. They might pay more for insurance or make large security deposits to get utilities or rent an apartment. Recently, the three major credit bureaus […]

As main street businesses are continuing to make a comeback post-pandemic, they’re facing down the triple threat of supply chain headwinds, labor constraints and historic inflation. For some, borrowing to invest, grow, or simply stay afloat, is top of mind. Data from Goldman Sachs’ 10,000 Small Business Voices “Small Businesses on the Brink” survey finds […]

Some lenders cater to applicants with credit scores in the poor range to help them borrow money. There are many advantages to having good or excellent credit. For one, a high credit score can help you get approved for financial products — like personal loans — with a lower interest rate. But now there are some personal loans […]