Tips and Steps for Getting a Mortgage Loan

  The real estate market is finally beginning to show signs of recovery after more than four years of decline. As the home-buying market starts to pick up, many of the consumers driving this growth will be first-time home buyers who need to obtain a mortgage loan to get their […]

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6 Frequently Asked Questions About Reverse Mortgages

  1. What is a Reverse Mortgage? A reverse mortgage is a loan product available to homeowners of at least 62 years of age. These mortgages allow the homeowner to convert part of the equity in their home into cash. With a regular mortgage, you make monthly payments to a […]

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Can Bad Credit Hurt Your Chances Of Getting A Job?

  Bad credit has always had a significant impact on your financial eligibility for mortgages, car loans, credit cards and personal loans. But today, your credit score may play a bigger role than ever before in your job search as well. According to a 2010 survey by the Society for […]

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Banks vs. Credit Unions: Which is Best for You?

  The recent publicity surrounding increased fees and ethical conduct at America’s largest banks has resulted in a consumer backlash. This has led many customers to move their accounts from large banks to small local ones. It has also prompted some individuals to consider credit unions. Before opening an account […]

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Summary: 2010 Survey Of Consumer Finances

  The Federal Reserve Bank recently released the results of its 2010 Survey of Consumer Finances (“SCF”). This survey’s results are particularly significant because they illustrate the impact of the recent recession on U.S. families. During the recession, U.S. Gross Domestic Product dropped 5.1%, the unemployment rate increased to 9.5% […]

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