3 smart money moves to make in December » Mortgage Masters Group

If he borrows $225,000 and his monthly mortgage payment is $1,422.15, he will pay $286,975.10 in interest over the course of his 30-year mortgage. In contrast, Rebecca has excellent credit. She buys the house next to David’s for the same price of $250,000, but she qualifies for a 3% down payment, no points, and a 4% interest rate.

Most investors have focused on the soaring stock market, but recent moves for interest rates have a lot more impact on the decisions mortgage borrowers have to consider. Whether you’re in the market for a home now or looking for cheaper alternatives to a home mortgage you already have, it’s crucial.

"If your income is $10,000 per month and your employer’s disability insurance is capped at $6,000 per month, then you should probably pay for a private supplemental disability policy to make.

In fact, there’s an entire movement of people retiring in their 30s and 40s-they call it fire (financial independence, retire early). Even if you can’t or don’t want to quit work quite that early, you still have the power to bring your retirement date forward a bit-by making smart money moves now.

Smart Financial Moves in Your 30s. Increase your emergency fund – Experts say to have at least three to six months worth of living expenses saved in your emergency fund 3. Depending on your financial status, your 30s can be good time to consider increasing this fund to build up a comfortable amount in case of emergency.

HECM For Purchase It’s called a Reverse for Purchase or, using the official product name Home Equity Conversion Mortgage, a HECM for Purchase. It allows an individual 62 or older to purchase a primary residence and.

Move No. 1: Increase your deferrals. Now is a great time to take stock and see if you can make a small tweak in your monthly savings rate. Consider increasing your 401(k) contribution by a percentage point, which is small enough that it won’t make much of a difference to your paycheck.

8 Smart Tax Moves to Make Before the End of the Year. Make Your january mortgage payment early.. The largest number – 41 percent – said they planned to move the money into savings. That is smart. If you have debt, another wise move is to start paying it down..

The new MSN, Your customizable collection of the best in news, sports, entertainment, money, weather, travel, health, and lifestyle, combined with Outlook, Facebook.

Real Estate Driver Dustin(Tampa Florida) Week 4 Residential Mortgages Multifamily starts are expected to decline 4 percent to 379,000 units this year and rise 6 percent to 402,000 units in 2017. Residential remodeling activity. the day after Valentine’s day.