Almost half of non-homeowners say their financial situation stands in their way of purchasing a home, according to a new Bankrate.com (NYSE: RATE) report. 29% say they can't afford a down payment and 16% say their credit isn't good enough to qualify ...
More than one-third of American adults (35 percent) report that they have never reviewed any of their credit reports and another 14 percent say they typically go more than a year between checks, according to a new study by Bankrate.com.
As the implementation of the new healthcare law, the Patient Protection and Affordable Care Act (better known as Obamacare) continues, a new survey shows that most Americans think that the exchanges that are designed to provide health insurance will fail.
Sixty-four percent of respondents have some type of emergency savings – even if it’s less than three months’ expenses, found the latest results of Bankrate's Financial Security Index. The monthly survey also found measures how secure Americans feel about their personal finances compared with 12 months ago and is conducted via telephone interviews conducted by Princeton Survey Research Associates International.
Mortgage rates increased slightly following an improved jobs report from the Labor Department, according to mortgage news and comparison site, Bankrate.com. the benchmark 30-year fixed mortgage rate rising to 4.31 percent, and the average 30-year fixed mortgage has an average of 0.33 discount and origination points.
Mortgage Closing Costs Rose Six Percent Over Past Year