Housing

Moving? Check Your Credit Report First

Your credit picture shouldn’t be a mystery as you change up your living situation. Be armed with current knowledge about your report information and scores.

  • May 06, 2015

How Long Will a Paid-Off Mortgage Appear on Your Credit Report?

Whether you’re in the position to pay off your mortgage today, or you’re wondering what will happen when you’re eventually able to hold your house debt-free, someday you might not owe anything on your house anymore. When that happens, it will likely have a long-lasting impact on your credit. The Lifespan of Your Mortgage Your […]

  • Mar 13, 2015

Loan Comparisons

Although credit scoring models have been updated in recent years to accommodate for the loan comparisons that any prudent borrower does before taking out a loan, it’s still a good idea to avoid adding lots of unnecessary inquiries to your credit report. Loan comparison shopping may take some persistence on your part, because lenders are often […]

  • Mar 12, 2015

Loan Interest Rates

Because not all loans carry equal interest, free wants you to understand exactly what you’re paying for credit, particularly since uninformed decisions can lead to financial jeopardy. A loan interest rate of 1.5 percent per month may seem reasonable enough, but a consumer needs to know the APR before he or she can compare lenders. […]

  • Mar 09, 2015

How Can a Trial Loan Modification Affect Your Credit Score?

Most Americans spend roughly 30 percent or more of their take-home pay on their mortgage payment, leaving many homeowners trying to avoid foreclosure and credit damage. However, it´s important to understand that a mortgage modification has its share of risks, too. Before you assume your credit is free and clear of taking a hit, discover how […]

  • Mar 02, 2015

Build Your Credit While Waiting for the Right Time to Buy

There are a number of reasons why you might be waiting for the right time to buy your first home. But if it’s because you don’t have enough information to create a credit score yet, and you’re currently renting, there may be good news. A new study conducted by Experian RentBureau shows that, for some […]

  • Sep 10, 2014

The Scoop: Equity Vs. Refinance

Learn the differences between a home equity loan and a mortgage refinance to choose which option is best for your financial situation.

  • Jan 08, 2014

Is a 15-Year Mortgage a Good Idea?

A 15-year mortgage might be able to save you a lot in the long run but it’s not always the best real estate strategy for everyone.

  • Dec 20, 2013