Auto insurance that covers any driver

One of the many complicated facets of auto insurance is who—or what—is covered by an auto insurance policy. Is it the car? The driver? Or both? The answer isn’t obvious, and the question leads to other questions, like: Can you drive someone else’s car if you have insurance, but the other person doesn’t? Can someone […]

Auto insurance that covers rental cars

If you’re planning to rent a car, you might be wondering whether you need rental car insurance. The answer is yes. “You are required to have insurance when you rent a vehicle,” says Kevin Patrick, owner and founder of Kevin Patrick Law, a law firm in Atlanta that handles car accidents and other personal injury cases. […]

15-Year or a 30-Year Mortgage

Almost all home mortgages have a term of either 15 or 30 years. The term is the length of time you have to pay off the loan through a pre-set schedule of monthly payments. As the name suggests, the 15-year loan allows 15 years. The 30-year loan allows 30 years. So, which is better: a 15-year mortgage […]

auto insurance that gives money back

Managing your auto insurance isn’t just about paying your premiums. It’s also about getting money-back bonuses, refunds, and discounts from your insurer. The most attractive bonus you’re likely to find is the cashback you could get if you avoid accidents on the road for a specific period. If you don’t shop around and compare quotes […]

15-Year Fixed Mortgage: Pros and Cons

15-Year Fixed Mortgage: Pros and Cons 

A 15-year fixed mortgage can be an attractive choice for home buyers and homeowners who want to refinance their current home loan. However, it’s not always a smart or even viable option. Here are the pros and cons you should consider before applying for a mortgage refinance. 15-Year mortgage: pros and cons On the pro side, […]

should you switch to a 15-year mortgage

The decision to refinance your mortgage can be challenging, especially when you’re trying to accomplish two different objectives at the same time. Rather than evaluate your term and rate together, let’s break it down and look at these objectives separately to understand whether they make sense for your financial situation. Should I switch from a […]

Should you refinance a 30 year mortgage for a 15 year mortgage

Refinancing your home mortgage into a shorter term can be a smart move. But you should be prepared for the costs of refinancing and able to handle a much higher monthly payment. Examples of good reasons to refinance might include: Securing a lower rate Locking in a fixed rate instead of a variable Removing a borrower […]

PMI with 10%

Traditional conforming home mortgages require private mortgage insurance (PMI) if you make a down payment that’s less than 20% of the home’s purchase price. PMI adds a fee, usually from 0.5% to 1.5% of your loan amount, to your monthly mortgage payment. This fee pays for mortgage insurance, which protects your lender’s interest in your […]