May 20, 2024
Loans

Mortgages For Seniors: Getting A Loan In Retirement

Key takeaways Under the Equal Credit Opportunity Act, lenders can’t discriminate against applicants because of their age. As a result, seniors — like people in other age groups — can get mortgages if they meet a lender’s approval criteria. However, seniors may find it harder to qualify for a new home loan if they have

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Mortgage

What Factors Determine And Move Mortgage Rates?

Key takeaways Mortgage rates are affected by market factors like inflation, the cost of borrowing, bond yields and risk. Mortgage rates are also affected by personal financial factors, such as your down payment, income, assets and credit history. Mortgage rates have thrown Americans for a wild ride in recent years, plunging to record lows during

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Loans

Why College Still Matters | Bankrate

In January, fewer than 1 in 5 of the jobs listed on the platform required a four-year degree or higher. Over half (52 percent) didn’t list any education requirements at all. And corporate America isn’t the only one jumping on the “no-degree” bandwagon. About a dozen states have also removed college degrees as a requirement

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