What's New Here?

14076564346_fc0217a5f9_z

Refinancing Your Home Loan

If you haven’t refinanced your mortgage ever since interest rates have dropped, you may have still not missed your chance. I still know people who have interest rates on their mortgage that are over 7%, and that just seems like a crazy high amount for a mortgage interest rate to me. However, you may have just never had a chance to refinance yet. Refinancing may not be for everyone, but it may be for you. I actually know someone who has refinanced their home loan over 5 times, and they’ve only owned their home for a few years. That is ...
Read more »

5 Easy Ways to Save Money

Over the last few years, the cost of living has steadily increased. This means that most people will need to closely monitor their spending habits. Here are five easy ways to save money. Buy in bulk Instead of making weekly trips to the supermarket, consumers should buy the majority of their groceries in bulk. Bulk buying can actually save hundreds of dollars a year. The best items to purchase in bulk include cereal, non-perishable foods, paper towels, deodorant, detergent, soap and vitamins. Meats can also last for a very long time when stored ...
Read more »

Financial Life Is Easier With High Credit Scores

Most people will experience a credit problem or two in their lifetimes as very few people can escape all of these problems. Credit is typically a necessary and required fact of life. The majority of people will require credit for the purchase of the larger items like houses and cars. Bad credit may be a problem but it is a good thing that there are steps you can take to repair or improve your credit. Get a copy of your credit reports. The first thing that you should do before you start a credit repair strategy is to get a copy of all three of your ...
Read more »
exterior of luxury house

Tips to Secure the Lowest Possible Home Loan Rate

There’s likely no greater financial commitment you will make then signing a mortgage for your home.  With soaring home prices, many home loans are typically for $200,000 or more.  Your monthly mortgage payment is likely to be your biggest expense each month. Why pay more than you have to? With some research beforehand as well as some negotiating during the home loan process, you can secure the lowest interest rate possible.  The difference between even a 5% versus a 4% interest rate can make the difference between tens of thousands of dollars ...
Read more »

The Crazy Credit Catch-22

Remember Catch-22 and that “damned if you do, damned if you don’t” mentality? Well that is exactly how credit works these days. If you are responsible, pay off all your debts on time and live a relatively debt-free, all cash life, you can be penalized by mortgage companies when you want to purchase a home. or penalized by credit card companies if you want to get a credit card. This happens even if you are financially responsible and living completely within your means. Side note: If you are looking to increase your credit score, you can ...
Read more »

Top of Page

Copyright © 2009 to 2014 by 724Credit. All rights reserved.