Postal banking can be the first financial institution to cater to the financial well-being of low-to-moderate income American households. Existing consumer finance companies target and prey...
Rent Burden or housing affordability is a serious problem facing American families. Renters who stopped making their rent payments last year did not spend their newfound...
Buying a car is one of the primary desires of most people. Luckily, it is effortless to buy a new or used car with car finance...
Getting a reverse mortgage will allow a homeowner to swap the value of their homes to get some cash. To do this, the homeowner uses the...
Mortgage lenders expediently start implementing strict mortgage borrowing standards. JPMorgan Chase announced last week that beginning April 14, 2020, new customers applying for a new mortgage...
Upfront mortgage insurance premium (UFMIP) and private mortgage insurance (PMI) make homeownership accessible to Americans with modest incomes. The unemployment rate is at a historic low,...
FHA loans are in demand again a decade-plus years after the Great Recession. With its low down-payment and credit score requirements, Federal Housing Administration (FHA) loans...
The U.S. mortgage rates continue to fall. The meager mortgage rates might encourage more people to buy homes. The average rate for a 30-year fixed-rate mortgage...
Want to be a homeowner in two years? You can if you start planning today. The 30-year fixed-rate mortgage is at a historic low. Right now,...
10 housing challenges facing the middle class despite a decade-plus economy recovery. Historic low-interest rates, lax underwriting procedures, and tax credits and subsidies ushered the last...