You've worked long and hard for years, saving diligently through your employer-sponsored retirement savings plan. Now, with retirement on the horizon, it's time to begin thinking about how to tap your plan assets for income. But hold on, not so fast. You may need to take a few steps first.
If you’re looking to improve your credit score or establish one, here are some things you can do that will help.
Are you dreaming of homeownership? Purchasing a new home takes a lot of financial preparation and will likely be one of your most expensive investments. You’ll want to ensure you have enough saved for the down payment, closing costs, and inspection fees, and you’ll want to make sure that your credit score is where you want it to be before you apply. Now is an ideal time to look at your financial situation and to start preparing accordingly.
Are you ready to purchase a home? Is the rising cost of rent impacting your wallet? If so, you’re not alone.
So, you’re wanting to buy your first home? Or, maybe you’re reading this just because your mom told you to research options for first-time homebuyers. Whatever your situation may be, it’s important to be prepared for what’s ahead.
Homeownership can be out of reach for potential buyers with low-to-modest incomes. In the past, traditional advice was for renters and potential buyers to save enough to make a 20% down payment in order to get more favorable lending terms.
April is National Fair Housing Month, a month that celebrates the passage of the Fair Housing Act in 1968. This law prohibits discrimination in the sale, rental, and financing of housing based on race, color, national origin, religion, and gender. It’s also a time when we may all consider our homes and the roles they play in our lives.