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The New Reason to Stay Home: Higher Food Prices
With COVID-19 cases dropping, the government has been easing restrictions and more people are comfortable leaving again. But so far…
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How Old Debts Influence Your Current Credit Score
Severely delinquent debts sometimes end up being labeled on credit reports as “charge-offs.” Creditors will assign this status to debts…
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Leveraged Oil ETFs and ETNs
Exchanged-traded funds (ETFs) and exchange-traded notes (ETNs) related to oil and natural gas are some of the most popular types…
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What Is Tenor in Lending?
Key Takeaways Tenor in lending is the length of time until a financial product expires, and it can be given…
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Buy and Bail – Buying a New Home to Bail on the Old
Buy and bail is the result of buying a new home with the intention of sending the former home into…
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What Is a Mortgage Servicing Fee?
A mortgage servicing fee is charged by the company that services your mortgage. This company may or may not be…
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What Is Electronic Bill Payment and Presentment (EBPP)?
Electronic bill payment and presentation (EBPP) is a system used by companies or service providers that allows bills to be…
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Today’s Mortgage Rates & Trends, March 1, 2022
Average rates for 30- and 15-year mortgages fell sharply, reaching one-week lows, just days after marking new highs. The average…
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What Caused the Russian Ruble Crisis?
The Russian economy was the eighth largest in the world in 2013 by nominal gross domestic product (GDP) valued at…
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Tax Benefits of Owning a Home
Buying a house is often one of the largest purchases people make in their lifetime. Mortgage payment that includes interest,…
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