Will Baby Boomers Trigger the Next Housing Bubble

With real estate prices rising for almost a decade, there has been much speculation on the next housing bubble popping. The last housing bubble didn’t end well, to put it mildly. There was a glut of housing available – so much so that lenders started giving mortgages (so-called “subprime mortgages”) to almost everyone who wanted to buy a […]

Reverse mortgage SuperMoney

A reverse mortgage is a loan for homeowners who are 62 and older who want to convert part of the equity in their home into cash (usually tax-free). The borrower keeps the title of the house and is still responsible for paying property taxes, utilities, home insurance, maintenance, and other related costs. It can be a great […]

Credit Union Auto Loans

How to Find the Lowest Auto Loan Rates

Finding a good deal on an auto loan can save you hundreds of dollars over the life of your loan. In fact, shopping for an auto loan is often just as important as choosing the right car.  However, a lot of people don’t know where to even start researching the lowest auto loan rates. Don’t immediately accept […]

fixed APR Vs. Variable APR

Are you currently shopping for a credit card, mortgage, or any other type of loan? If so, one of the first questions to ask yourself is which type of annual percentage rate (APR) is right for you. You have two options: fixed or variable. A loan with a fixed APR has an interest rate that typically stays the same […]

Student Loan Grace Period

Going to college can be an excellent experience, but paying your student loans after you’ve graduated is not quite as enjoyable. For college graduates who have a job lined up right out of school, starting to pay off your student loans right away makes sense. However, it takes some time for many graduates to find work. […]

Get Student Loans Out of Default

Defaulting on a student loan doesn’t mean missing a couple of payments. Default is the result of a long delinquency in payments, and it is not a situation in which you want to find yourself. In fact, defaulting on your loan may result in being sued, having your wages garnished, and missing out on tax […]

auto refinancing requirements

Many people will get an auto loan to purchase a car and then not give it much thought after that, other than the monthly payment. However, it’s possible you could be saving money by refinancing your auto loan. Gary Guthridge, manager of the consumer lending portfolio for Navy Federal Credit Union, advises, “Don’t overlook your […]