Blog
Mortgage rates change as the indices they’re tied to fluctuate. Also, different lenders charge different rates. If you want the best mortgage rates, you will need to compare quotes and work on improving your own financial standing.
If you are buying a more expensive home, you will need to take out a larger mortgage. Mortgages above a certain dollar amount are considered jumbo mortgage loans. The dollar amount that dictates which loans are jumbo loans varies in different parts of the country.
10-year fixed-rate mortgages typically have lower rates but higher monthly payments compared with other loans. Rates change over time, so it is important to compare rates periodically to find the most affordable mortgage.
A 15-year mortgage lets you own your home in half the time of a 30-year mortgage. You’ll pay much less interest on a 15-year loan, and 15-year mortgage rates are usually lower. But since your payoff time is so short, monthly payments will be high.
If you need to borrow a small amount of money, consider a short-term personal loan. They may be a better alternative to payday lenders' high fees and predatory practices.
FHA loans make it easier to qualify for mortgages since the Federal Housing Administration backs all loans. FHA loan rates change over time and your own financial profile can affect the rate you'll pay.
LendEDU evaluated U.S. Census Bureau data for nearly 1,000 places to see which ones have experienced the most business openings as of late.
Going to college can be expensive, but adult students have a lot of ways to pay for it. Grants, scholarships, loans, and employer benefits can all help you defray your costs.
Long-term personal loans can offer more flexibility with your monthly payment amount, but typically cost more than a short-term loan. With a longer term length, it’s also important to have a good credit score so you can get a lower rate.
Mobile home loans aren’t the same as traditional mortgages. Are you planning on buying a mobile home? Here’s what you should know about mobile home financing first.