What credit score do you need to buy a home?


If you’re thinking of buying a home for the first time, or maybe haven’t owned since the real estate collapse starting in 2008, you may be wondering what credit score you need to get a mortgage. 

In fact, before the housing market crashed, it was far easier for the average person to get a loan since credit standards were very low (or nonexistent!) and the subprime ...

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How the coming Fed rate hike will affect the average consumer – and how to best safeguard your finances.

In June, some very important people will meet to make some decisions that will reroute the trajectory of the U.S. economy. The “Fed,” led by Federal Reserve Chair Janet Yellen, will have one decision circled on their agenda that will affect millions of Americans: to raise interest rates.

A bump in the federal funds rate shouldn’t be taken as bad news. After all, we’ve enjoyed unprecedented historic lows since 2008, when the Fed slashed interest rates to buoy a sinking ...

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Compound or simple; the interesting thing about interest.

Interest rates are a part of our daily lives, even if we don’t always think of them. Whether you have a mortgage, student loans, or pay on a car loan or credit cards, the interest rates we pay dictate how big of a check we’re writing. But the impact of interest doesn’t stop there; when we open a bank account or make an investment, we hope that it pays a high interest rate so we can make more money. Interest ...

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