The state of California has just enforced the newly-signed legislation that would be the answer to the Golden State’s homelessness crisis. Home prices in this state are far from affordable, not to mention the lack of inventory for home buyers from low- to moderate-income classes.Despite this pressing issue, 2 million California residents now own their houses free and clear … [Read more...] about 2 Million Californians are now Living Mortgage-free
Most of us buy a house not just for self-gratification. Yes, it is true that owning a home boosts our self-esteem, but this isn’t the primary reason we take on a mortgage in order to purchase and keep our dwellings.A shelter is a basic human need. While a home may be one of the biggest investments you’ll ever have to make, it also is a necessity which you and your family … [Read more...] about What is Mortgage Protection Insurance, and is it important?
You just got your first credit card. Congratulations!That piece of the shiny metallic card provides you with great purchasing power. But with great power comes great responsibilities.What a common line we here from an all-time favorite superhero comic book. But such line in a fictional story holds so much truth in the real world.Your first credit card gives you many … [Read more...] about How to Not Screw Up With Your First Credit Card
When one hears the term “reverse mortgage”, you might simply scratch your head. We are all familiar with what mortgage is. However, a reverse mortgage may not ring a bell.A reverse mortgage program is a type of loan that is designed specifically to target seniors. This loan product allows eligible senior homeowners to tap into their home equity by converting it into … [Read more...] about The Hidden Perks of Taking a Reverse Mortgage Loan
It is a hard truth that many Americans are in a “not-so-pleasant" financial situation. Most of them actually have more credit card debts than money in their emergency savings accounts. In a nation where you can have almost everything with just a swipe of a card, is it still possible to be debt-free?Financial advisers sulk over the fact that many individuals do not have … [Read more...] about It is Possible to be Debt-Free Quickly!