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New FICO “Resilience” Credit Score Could Help Borrowers
As the U.S. economy reels from record-high unemployment and continued COVID-19 shutdowns, the Fair Isaac Corp. (FICO), a global analytics company and producer of the FICO credit score, released a new Jul 15, 2020
Buying a First Home in an Expensive Area
For Americans living and working in the nation’s most expensive real estate markets, homeownership can seem like the impossible dream. Prices are high and options can be limited. It may feel lik Jul 01, 2020
What is an ARM loan?
While fixed-rate loans are one of the most popular choices for mortgage loans, there is another choice: the adjustable-rate mortgage or ARM loan. If you’ve ever wondered what an ARM loan is or w Jun 17, 2020
Understanding Mortgage-related Insurance
When you buy a home with a mortgage, you will be required to pay all sorts of insurance, including homeowner’s insurance, title insurance and private mortgage insurance. What are all these polic Jun 03, 2020
Is Now a Good Time for a Reverse Mortgage?
As the COVID-19 pandemic has roiled stock markets over the past few months, many Americans in or nearing retirement may be worried about their investment portfolios. Without the possibility to earn mo May 20, 2020