Mortgage rates are still at historic lows, and there's no denying that now is a great time to purchase a home. Here are four reasons why it makes a lot of financial sense. 1) Homeownership Builds Wealth Over Time Most of us were taught growing up that owning a home is financially savvy. Although that confidence [...]
Income is a crucial component lenders consider when granting you a mortgage. However, income is not all that a lender will consider when determining how much you qualify for. They will also look at your debt to income ratio, in addition to other financial indicators. If you make a lot of money but also have [...]
Written by Guest blogger: Leslie Thompson During a divorce, a spouse who hasn’t been involved in the family’s finances can often be at a disadvantage during settlement negotiations. That’s why it’s so important for both spouses in the process of dissolving their marriage to understand their post-divorce financial needs and their current financial situation. The [...]
Follow these 5 strategies to ensure you meet your long-term goals. Why is it so difficult to stick with a long-term savings plan even when we truly consider our future goals to be just as important as — if not more than — our current desires? Chalk it up to our hardwiring: The rational [...]
