Mortgage help for debt-saddled grads

Pat Mertz Esswein, <i>Kiplinger's Personal Finance</i>, and Associate Editor •
Kiplinger
Couple showing a house key in house

Today’s college grads leave school with an average of $34,000 in student-loan debt. That mound of debt is delaying homeownership among millennials. Parents and grandparents who cosigned private student loans or took out Parent PLUS loans may also be burdened. Now, mortgage giant Fannie Mae has launched loan-underwriting changes that will lighten the load. When

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Here’s how much your credit score impacts your mortgage and auto loan rates

John Ulzheimer •
The Simple Dollar

When you apply for a new loan, the most influential factor in determining your interest rate is your credit and, more specifically, your credit scores. Other factors certainly matter during your loan’s underwriting, such as your income and employment history, but the importance of your credit scores cannot be overstated when a lender decides which

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Don’t let debt destroy your retirement plans

CSA®, Founder, Blackston Financial Advisory Group, David Blackston, RFC®, and CEP® •
Kiplinger

People come to my office expecting to talk about making and saving money. But more and more lately, the conversations we have are about their need to get out of debt. I’m starting to see a trend of retirees, people in their early 60s and even mid-70s, who are in debt up to their eyeballs.

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