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What Is a Blanket Mortgage?

Ready to buy a home but are confused on some of the mortgage terms? The language used to describe this process can be tricky to decipher, especially when it comes to mortgage terminology. One term that you won’t hear as often as some of the others is blanket mortgage. A blanket mortgage may seem complicated, […]

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What Is Mortgage Escrow?

When it comes to the home buying process, most first-time homebuyers are surprised to learn that their mortgage payment includes more than principal and interest on their home loan. They also have to pay a certain amount of funds into a mortgage account every month. These accounts are called escrow accounts, and they’re used to […]

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Will There Be a Buyer’s Housing Market in 2021?

It’s common sense. A person buying a new home wants the price to be as low as possible. A person selling a house wants the price to be as high as possible. Where they meet in the middle is when a house sale happens. Sometimes, though, things favor the buyers, and other times, things favor […]

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How to Choose the Best Personal Loan for You

Figuring out how to choose the best personal loan to fit your needs and goals is a process. Each lender has different criteria for an individual’s creditworthiness, so it’s important to do your research to find a lender that’s the best fit for your unique situation. Interest rates and fees vary widely from company to […]

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Small Businesses Can Now Apply for the Third Round of PPP Loans

The latest government stimulus package, the Consolidated Appropriations Act, 2021, passed at the end of December, includes a third round of Paycheck Protection Program (PPP) that will be available this week. One significant update is that this round of PPP will allow businesses who have previously received a PPP loan to apply again for a […]

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Mortgage Escrow Account: Pros and Cons

If you own a home and are making monthly payments, you have probably read over the breakdown of your monthly mortgage charges once or twice. Your mortgage payment likely breaks out your monthly payment into three parts: principal, interest and funds that go to your escrow account. While you likely know that the principal is […]

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The Best Pay-Per-Mile Car Insurance Companies

Wouldn’t it be nice to pay for a service only when you used it? That’s exactly what usage-based auto insurance is. Getting low mileage insurance lets you pay less by only paying for the miles you use. It’s the perfect way to cut costs without getting rid of coverage.  Choosing the right car insurance can […]

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The Best Long Term Personal Loan Options

If you need extra cash to renovate your home, purchase a new car or pay off debt, a long-term loan can be a good solution. While some borrowers only need 12 to 24 months to pay off a personal loan, some people may need longer terms to fully take advantage of personal loan. This is […]

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Here’s Why 41% of Americans Might Switch Their Insurance This Year

The coronavirus pandemic created a slew of challenges for insurance companies when reviewing and paying out policies. But for some insurers, outdated systems highlighted how unprepared they were to cope with high volumes of online users.  “The crisis rapidly unraveled and exposed the shortcomings of companies. The crucial need to reduce costs and maximize the […]

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The Best $50K Loans Options

Much as we try, we can’t always prepare for life’s challenges. There are some events in life that can demand more of you financially than you are able to give. Personal loans have become increasingly popular during coronavirus, with more and more Americans looking to personal loans in order to make the bills and keep […]

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