If you are looking to buy a home one day but don’t think you are ready just yet, you are not alone. One of the most important tasks that you have to complete involves getting your finances in order. There are a few ways to get your finances in order before you buy, no matter how long you have been waiting to buy a home. Getting your finances in order with these simple steps can help you become a more competitive applicant both for a mortgage and a home that is on the market. Focus On Your Credit Score While it is true that your credit doesn’t have to be perfect in order to get a … [Read more...]
What’s Ahead For Mortgage Rates This Week – July 27, 2020
Last week’s economic reporting included readings on sales of new and previously owned homes. State and federal data on new and continuing jobless claims were released along with Freddie Mac’s weekly report on mortgage rates. Sales of New and Existing Homes Rise in June Sales of new homes rose at their highest rate in 13 years according to the Commerce Department. New homes sold at a seasonally-adjusted annual pace of 776,000 sales, which exceeded the expected reading of 710.000 new single-family homes sold and May’s reading of 682,000 new homes sold. Analysts said that … [Read more...]
Money Compass: How To Set Financial Priorities
Being conscious about your finances and setting goals for your money can help you achieve your dreams at any stage in life. Here are some helpful tips to remember when you are making plans for your money and setting your financial priorities: Identify Your Goals Remember that you can do anything you want with your money, but you can’t do everything you want. You will never have the unlimited resources to achieve all of your goals, so focus on which goals are most important to you and concentrate your efforts on those. To accomplish these most important goals you will need to put some … [Read more...]
Want to Get Rich? Here’s Where You Can Learn the Secrets of Investing
If you have some money saved up and want to watch it grow, the world of investing can offer some excellent opportunities. However, it can also be very intimidating as it is very complicated and there is a lot to learn. If you are brand new to the investing scene, you should start off slow and learn as much as you can before you get started. Where can you learn about investing? One of the best ways to get stated is by consulting a trusted advisor that can help you understand the different areas that you can invest. You don't even have to be ready to plunk down a chunk of hard-earned change … [Read more...]
Clever Ways to Cut Your Food Bill Down
When it comes to saving money, there are a few things that you can’t cut back on too much because you need them to survive, such as clothing, shelter and food. You can take the bus to work and not buy a big screen TV, but you will not live very long if you don’t eat! However, buying food doesn’t have to be as expensive as you might think. If you wince in horror everything you take out your wallet at the supermarket, there are many ways that you can cut down your food bill while still eating healthy and tasty meals. Keep It Simple Learn to cook simpler, basic recipes which … [Read more...]
