If you’re concerned about maintaining good financial health you already know how important your credit score is. After all, lenders and landlords check your credit to decide whether to give you a loan or a place to live; insurance companies use your credit score to set your premiums; even employers are checking credit reports these
When applying for a home mortgage, how do you know how much loan amount you can afford? The key is your debt-to-income ratio. The debt-to-income ratio is a critical measurement that underwriters use to determine your ability to repay the loan. Given its importance to the lending decision, it is critical to understand the debt-to-income
Today's historically low mortgage interest rates are luring many consumers into increasing the amount that they will spend on interest over the life of their loans. But are consumers making a mistake when they refinance to a new lower rate loan that has have a higher total interest cost? Not necessarily — and here's why.
Even though many economists predict that housing prices may continue to fall, thus expressing a view that U.S. real estate is still overpriced, America’s top cities may still be among the cheapest real estate in the world.
In today’s tough economy, most of us are grateful to have a job — any job. But simply laying low and hoping you don’t get laid off in the next round of cuts doesn’t cut it. In this week’s money management roundup, we look at career management and how to be successful at work.
With gold trading at nearly $1,830 an ounce, we got to thinking about the largest, most secure vault in the world — the U.S. Bullion Depository, where 147.3 million ounces of gold are stored. Here are the facts and conspiracies behind it.