Mortgage-backed securities are bond-like investments made up of a pool of mortgages. When you purchase a mortgage-backed security, youâre buying a small portion of a collection of loans that a government-sponsored entity or a financial institution has packaged together for sale. Investors may refer to these loans as MBS, which stands for mortgage-backed securities. Investing […]
The post Mortgage Backed Securities, Explained appeared first on SoFi.
Data show delinquencies remained near all-time lows in Q4 2020, due in part to hardship programs enacted by financial institutions and the government. Experts weigh in on whatâs to come in 2021.
No matter how much money you make, bad spending habits can have you living paycheck-to-paycheck. Itâs a dangerous cycle â but you can break out of it. Hereâs how.
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When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. Today, we’ll compare two popular loan programs, the â30-year fixed mortgage vs. the 7-year ARM.â We all know about the traditional 30-year fixed â it’s a home loan with a 30-year duration and an interest rate that [&hellip
The post 7/1 ARM vs. 30-Year Fixed Mortgage: Pros and Cons first appeared on The Truth About Mortgage.
Loyalty? Not in the mortgage business. That is, if you actually want to save money on your home loan. A few years back, an HSBC survey revealed that 52% of U.S. homeowners âswitched providersâ (sorry, theyâre British) when obtaining subsequent mortgages. This was mainly driven (53%) by the desire to get a better deal, aka [&hellip
The post Why You May Want to Switch Mortgage Companies first appeared on The Truth About Mortgage.
For the LGBTQ+ community, the experience of finding and buying a home has been changing for the better, but buyers do still face some challenges. These home-buying tips can help make your path to homeownership more fair and equitable. Understand your rights Zillow believes you have the right to buy a home free from discrimination. […]
The post Finding a Home: Tips for LGBTQ+ Buyers appeared first on Home Buyers Guide.
You’ve probably heard the saying that you shouldn’t buy the best house on the block. But everyone’s always looking for a deal, and in a fast-moving housing market, buyers especially are looking for a ‘diamond in the rough’: a good home in a not-so-good neighbourhood that they can buy for a steal and then sit […]
The post How to Spot an Up-and-Coming Neighbourhood appeared first on Zoocasa Blog.
Inflation, or a sustained period of rising consumer prices, can take a bite out of investor portfolios and reduce purchasing power as the prices of goods and services increase. Treasury Inflation-Protected Securities, or TIPS, are one way to hedge against inflation in a portfolio. These government-issued securities are inflation-protected bonds that adjust in tandem with […]
The post What Are Treasury Inflation-Protected Securities (TIPS)? appeared first on SoFi.
Budgeting for new homeowners starts with understanding the true costs of owning a home.
The post The Essential Guide to Budgeting for New Homeowners appeared first on Discover Bank – Banking Topics Blog.
For most of us, some level of financial stress is unavoidable. You’ll always have bills to pay, a job to keep, and the occasional emergency expense to deal with. What really matters is how you cope with that stress. With…
The post How to Manage Financial Stress appeared first on MintLife Blog.