Josephine’s Latest Articles
As you make your monthly mortgage payments, you are building equity in your home. Your home equity represents the current value of your home minus what you owe on your mortgage, and it can increase over time.Americans have accu...
For the mortgage industry, it’s been a record-breaking year. Last year, lenders set an all-time high in refinance lending volumes at $2.8 trillion in refinances. Despite the recent slight rise in mortgage rates, now may still b...
For Americans that don’t have life insurance, you could be leaving your loved ones and dependents in a bad financial situation if you pass away unexpectedly. The 2020 Insurance Barometer Study found that 65% of Americans said t...
While homeowners insurance isn’t required by law, your mortgage lender will more than likely require you to be insured before financing your home. As a homeowner, you’ll want this ongoing financial protection and to have suffic...
When looking to buy a house, whether you can afford it is always a top consideration. This includes how much of a down payment you want to make on your new home.Coming up with the cash for a down payment can be a barrier for pr...
There’s no doubt that home insurance can be complicated. Knowing what kind of coverage you have for different situations — such as sustained damage to your roof — and how much you have, can be difficult to understand. That’s wh...
There are several factors that can influence your car insurance rate, with age being one of them. Young drivers often look forward to their 25th birthday, which is when car insurance rates are typically expected to decrease. Bu...
Homeowners insurance isn’t an option — it’s a necessity. Nearly all mortgage lenders require borrowers to purchase homeowners insurance before financing a residential real estate transaction.Insurance can be complicated. Homeow...
Life insurance ensures your loved ones are financially supported when you die. However, LIMRA’s 2020 Insurance Barometer Study found that only 54% of Americans have life insurance — down nine percentage points over the past dec...
If the coronavirus pandemic has taught us anything, it’s the importance of preparing for the unexpected. Having an emergency fund ensures that you have a financial cushion in times of need — like a job loss, car repair, or medi...