Is a Reverse Mortgage
admin Reverse mortgages are special types of loans that give older homeowners a way to turn their home equity into a source of income they can use during retirement. When they…
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What Is Loan/Lease Payoff Insurance?
Key Takeaways Loan/lease payoff insurance will pay up to 25% of your vehicle’s current cash value after your insurance company has paid you if the vehicle is stolen or totaled.…
What Is an Enhanced Life Estate Deed?
Key Takeaways An enhanced life estate deed transfers ownership of property after the owner’s death without the necessity for probate. The owner retains control of the property after the deed…
Best Ways To Use a HELOC
If you’re looking for flexible funding, you can tap into your home equity with a home equity line of credit (HELOC). A HELOC is a revolving line of credit that…
Today’s Mortgage Rates & Trends, May 9, 2022
Average 30- and 15-year mortgage rates climbed back toward their recent peaks, the latest in a series of up-and-down swings. The average on a conventional 30-year fixed mortgage rose to…
5 Types of Mortgage Loans
If you’re like most people, you’ll need to take out a mortgage to buy a home. According to the US Census Bureau, 94% of people who bought a home in…
Recent Losing Streak Ends Longest S&P Run Since 1928
That’s the last time (before now) the S&P 500 had fallen five weeks in a row, showing why the stock market’s recent deterioration is so hard to take. The nearly…
Which Is Best for You?
Starter home Forever home Definition A home you plan to own for a short period before buying another one The only home you plan to buy Home features May have…
Types of Whole Life Insurance
Whole life insurance is a type of permanent coverage that’s offered in a range of “styles” to suit different needs. Since permanent coverage, including whole life, is more expensive than…
Shelter Insurance Homeowner’s Policy Review
One of the biggest investments you will ever make is your home. In the event of an unexpected loss, you need a homeowner’s insurance company you can depend on to…