O.M.G. I am so excited that Mint.com released their new goals feature for saving money. It’s awesome! And, while I was on the site I found this stellar article that links to all different types of calculators you can use for planning a wedding, buying a car, and most other of the stages in your […]
I just found this stellar tool to finding out if your budget is in balance. It helps break down your needs, wants, and savings with a cool looking graph. I love visuals. So check out the full article on Msn.com Money to see how your money management plan is working out for you.
With it being a bit of a challenge to get a job right now, some of you may be concerned with how you are going to pay off your student loan debt or you may already be struggling to pay them now. Don’t freak out! Beverly Blair Harzog, spokesperson for CardRatings.com and co-author of The Complete Idiot’s Guide to Person-to-Person Lending says, “When you are having problems paying your loans, talk to your lender. It doesn’t hurt to ask.”
Before you apply for a mortgage, think about what type of loan you want, fixed or adjustable, and the rate you want to apply for. Adjustable rate mortgages (ARMs) mean that the interest rate and your monthly payment will fluctuate as market interest rates change. So if one month the rate goes up then your mortgage payment will go up, but if the next month it goes down, then your payment will go down.
Last week, we discussed tips on how to prepare for buying your first home. This week, we’ll go a little bit deeper and talk about the most important part of buying a house, the mortgage. I don’t know the first thing about it so I enlisted the aide of Jorge Rivera, Executive Mortgage Broker with William Raveis Mortgage in Darien, CT.