Why do some mortgage applications get approved while others are denied? Loan rejections are more common than you may think. In fact, the Mortgage Bankers Association reports that lenders reject about 50% of all applications they receive for mortgage refinances and 30% of all purchase loan apps are denied. So why are one-half and nearly […]
When it comes to buying or selling a home, there is no one perfect company, as each home buyer or seller has different needs, concerns, and personalities. Additionally, it’s usually the agent – not their company – that’s doing the lion share of work and delivering great service to consumers. However, the real estate company […]
What does the average American’s financial situation look like? We’d like you to meet Mr. and Mrs. Average, who were nice enough to open up their banking, mortgage, budget, retirement, and even credit score information to us. In total, it paints an interesting and sometimes unexpected money montage of the typical U.S. household! In 2015, […]
Labor Day is celebrated on the first Monday in September every year. Many people consider Labor Day to signal the end of summer, but the official end of summer doesn’t come until September 21. There are 160 million workers in the United States as of July 2017. According to AAA, every Labor Day, approximately 35 […]