Millennials are buying homes. This much is known. But, despite the much-discussed generation making their entrance into the housing market, many still are still very uneasy about the process. Please contact John Rodriguez, Senior Mortgage Banker, at iFinance Mortgage Inc…
The Federal Reserve left its benchmark rate unchanged on Wednesday, though it downgraded its assessment of the consumer spending that unpins about 70% of the U.S. economy. The Fed downgraded its assessment of household spending to “moderate” after describing it…
For travel enthusiasts, this new SWA card may be helpful. Southwest Rapid Rewards credit cards are a favorite among the low-cost carrier’s loyalists. Now, these valuable cards, which come in Plus, Premier, and Priority tiers, just got a little better. New…
The dramatically limited supply of houses for sale is continuing to drive an increase in home prices as buyers are often left fighting over the few houses that are on the market. “After a yearlong slowdown in 2019, home values…
Fair Isaac is updating the secret formula for FICO scores in a way that will make it tougher for some consumers to get credit. Before breaking glass and pulling the fire alarm, it’s worth noting: It won’t have much of an…
Chase has published the biggest signup offer we've seen to date on the popular IHG® Rewards Club Premier Credit Card, announcing a new offer of 140,000 bonus points after spending $3,000 on purchases within the first three months of account…
The cheapest financing in more than three years is making it easier for first-time buyers to afford a home. A tiny bit easier. Instead of having just enough income needed to buy a median-priced starter home at current mortgage rates,…
Taking steps to begin paying off debt is a great way to jump-start your journey towards financial health. But while you’re completing your debt payoff, you should also start thinking ahead and developing the habits that will help you stay…
Buying a home is exciting, but figuring out the financing side of things can feel overwhelming. Chin up: Choosing a mortgage isn’t all that painful if you know the lingo. Once you’ve done some homework and nailed down a budget…
Over the last several months, a number of the nation’s largest lenders and housing trade groups have called on the Consumer Financial Protection Bureau to make changes to the Ability to Repay/Qualified Mortgage rule. And now, it looks like they’re going…
