A quick glance at your mortgage statement likely reveals that your monthly payment is divided among principal, interest and escrow. The terms principal and interest...
Keith Gumbinger
Articles by this author
What Is a Guarantor? Who Can Be One and What Are the Risks
Steep real estate and car prices have made it especially difficult for many young adults to qualify for mortgages, car loans and even apartment rentals...
Should You Co-Sign on Your Child’s Mortgage?
Co-signing on a mortgage might seem like a way to help a family member buy a home in this difficult market. But many parents who...
Strategic Money Moves for a Tough 2023
There are tough times ahead, as investors and consumers head into decades-high inflation, fast-rising interest rates and an economy teetering on recession. Bottom Line Personal...
6 Strategies To Help Your Child Buy A Home
Young adults aren’t just borrowing from banks to buy their first homes—many are asking for help from mom and dad. The median US home price...
