How Much Will Cutting the Cord Save You?

The post How Much Will Cutting the Cord Save You? appeared first on Penny Pinchin' Mom.

Cord-cutting will save you money but for many people, that’s only part of the equation. Yes, you want to spend less on cable, but you want to do that without sacrificing too many shows you enjoy watching. So, before you rip the Band-Aid off, look at the facts, and find out exactly what cord-cutting would … Read More about How Much Will Cutting the Cord Save You?

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Mortgage Backed Securities, Explained

Mortgage Backed Securities, Explained

Mortgage-backed securities are bond-like investments made up of a pool of mortgages. When you purchase a mortgage-backed security, you’re 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 […]

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7/1 ARM vs. 30-Year Fixed Mortgage: Pros and Cons

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 “30-year fixed mortgage vs. the 7-year ARM.” We all know about the traditional 30-year fixed – 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.

Do Mortgage Payments Increase?

Mortgage Q&A: “Do mortgage payments increase?” While this sounds like a no-brainer question, it’s actually a little more complicated than it appears. You see, there a number of different reasons why a mortgage payment can increase, aside from the obvious interest rate change. But let’s start with the obvious and go from there. And yes, [&hellip

The post Do Mortgage Payments Increase? first appeared on The Truth About Mortgage.