Private mortgage insurance, also referred to as PMI, is usually required when you put less than 20% down on a conventional loan. This insurance provides protection for the lender, not you, in case you are unable to fully pay off your mortgage loan. On average, the annual cost of PMI can rage from 0.50% to 2.50% of the original loan ...

The information in your credit reports can have a significant impact on your life. This information is used to come up with your credit scores. Your credit scores will be considered anytime you want to make a large purchase, such as buying a car or house, and they will be a factor in determining if you are approved for a ...

Most people tend to spend more during the holidays due to purchasing gifts, traveling and hosting family and friends. Although it’s a joyful time, your spending can get out of control before you know it. The best way to avoid overspending during the holiday season is to plan ahead and do your best to not veer from your budget. To ...