Posts Tagged ‘Interest Rates’

Are you in the process of buying a car, and will need to finance your purchase with an auto loan? When it comes to applying for an auto loan, you’ll want to think beyond just getting approved and carefully consider the rate you’re being offered. After all, the lower the interest rate, the less you […]

Whether you’re applying for your very first credit card, or you’re thinking about applying for an additional credit card, the choices can be overwhelming. After all, with all of the available options, how can you know what credit card is the best one for you? The following is what you want to look out for […]

There are so many different types of mortgages out there, and it can be an overwhelming choice. Two of the most popular include the fixed-rate mortgage and the adjustable rate mortgage, but even deciding between these two different home loans can be daunting. If you’re still torn about whether an adjustable rate mortgage is right […]

You may have heard about refinancing your mortgage for a better rate, but did you know that you could do the same for your car loan? Although the process and the terms are much less complex, not all borrowers will necessarily benefit from refinancing a car loan.  Before refinancing your car loan, determine if you […]

With the average college graduate leaving school with approximately $26,000 in student loan debt, it is no wonder that it takes so many years to finally pay it all off. A tremendous amount of debt to pay back can be a burden for anyone, but it can be particularly stressful for young adults who are […]

High interest rates can be discouraging for any consumer, but they are especially burdensome when you have a lot of debt to pay off. If you are just making the minimum payments each month, you may notice that you barely make a dent in your overall balances. The reason for this is that you’re mostly […]

If you are hoping to take advantage of falling mortgage rates, you may have considered refinancing your home. However, there are some potential downsides you may want to consider.   One thing to consider with refinancing is that there is sometimes a level of risk involved. Although refinancing is meant to provide homeowners with a […]

When it comes to using credit cards, there are some situations that are best avoided completely because they can end up costing you a lot more in the end. The following are four credit card mistakes that should be avoided when possible: Transferring balances from one credit card to another Balance transfer offers, which allow […]

Home equity is the current market value of a residential property, less any remaining mortgage balance. For instance, if you buy a home for cash in full at $100,000, that is how much equity is in your home at that time. As the market value of the property increases, so does your equity. However, if […]