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APR vs. interest rate: How to tell the difference
CNN.com· 3 days agoWhen you take out a loan or a line of credit, two different terms are often used to describe how much the lender charges you: interest rate and APR. Both...
What does PITI mean, and how does it affect your mortgage?
Yahoo Personal Finance· 4 days agoPITI is an acronym for the four factors that make up your monthly mortgage payment: principal,...
What Percentage Of My Income Should Go To My Mortgage?
Forbes· 4 days agoWhen you apply for a mortgage, the proportion of your monthly income that will go to fund the loan...
How to get rid of PMI and lower your mortgage payments
Yahoo Personal Finance· 3 days agoPMI goes away automatically once you have 22% equity in your home or you’re halfway through your ...
Quiz Yourself on Financial Literacy With These 8 Expert Questions
GOBankingRates via Yahoo Finance· 7 days agoOurs is a nation with shockingly poor financial literacy. Many Americans don't comprehend common,...
Rising Home Values Helped Lower My Mortgage Bill | Bankrate
Bankrate.com· 4 days agoAt the time, I was employed in marketing at Rocket Mortgage, so we applied with a loan officer there for a 30-year, fixed-rate conventional loan. Most conventional ...
What to know about HELOC prepayment penalties
Bankrate via Yahoo Finance· 3 days agoEliminating HELOC debt can streamline your bookkeeping. Reduce your debt-to-income ratio: Having too much debt compared to your income limits the amount...
Retirees: Protect Yourself From Financial Ruin with This Expert Advice
Cheapism via AOL· 18 hours agoIf retirement's near, take a serious look at how you plan to spend your golden years and your income...