For years, the Federal Housing Administration was the king of the low-down-payment mortgage mountain. Now, Fannie Mae and Freddie Mac, the government-sponsored enterprises that provide capital to the mortgage market, are designing loan products for hopeful home buyers with skinny savings accounts.With Fannie Mae’s HomeReady and Freddie Mac’s Home Possible, a 3% down payment — or what lenders refer to as 97% loan-to-value — is available on so-called conventional loans. Conventional loans are the loan products most often issued by lenders. Fannie Mae HomeReady Jonathan Lawless, vice president for product development and affordable housing at Fannie Mae, says today’s low-down-payment FHA loans can be “expensive,” with upfront and ongoing mortgage insurance premiums that last for the life of the loan. So Fannie Mae decided to build a competitive low-down-payment loan product of its own.There are income limits wrapped into the HomeReady … [Read more...] about Buy a home with just 3% down? Yep, it’s possible
What to consider when buying a home
A refrigerator is a big, expensive purchase. Choose wisely and you'll sing your fridge's praises for a decade or more. Choose poorly and you'll be cursing it for just as long. Still, there's no need to stress out over this decision. Sure, shopping for a large appliance doesn't happen everyday. That's why this guide plainly spells out the major mistakes people often make. As it turns out, there are quite a few pitfalls to watch for. The list includes choosing the wrong style and finish for your home's decor. Another is not thinking about capacity and your food storage needs. And sweating the details is important too. Cantankerous interior drawers are never fun to live with. Are there compartments for cold cuts, cheese, dairy? Perhaps you don't care, but at least check before you buy. Little extras such as ice makers, water dispensers, and automatic water pitchers are key factors too. Any of these might be a must-have feature for you. To others though they're a waste of money. Here … [Read more...] about Don’t make these 5 mistakes when buying a refrigerator
PUBLISHED: 11:51 29 June 2018 Sophie Stainthorpe There are so many destinations you could choose for a holiday home abroad, and each one will have different regulations, processes and rules when it comes to buying property. Archant Thinking about the best location for a second home? The first question you need to answer is whether to buy abroad or in the UK. While a holiday home abroad may seem like an attractive option, there’s a lot to consider before you start picturing yourself beside the pool, glass in hand. There's lots to consider when buying a holiday home abroad, especially if it's a long distance destination. Understanding the property buying process A coastal apartment in Spain, a mountainside cottage in France, or a villa with a private pool in Florida – wherever you choose to buy a holiday property there’s one important thing that you’ll need to do: research. Each country, and even regions within those countries, will have different … [Read more...] about Buying a holiday home abroad – things to consider
posted on 02 Apr 2015, 07:16 12 1. Ninetysix (Posts: 2780; Member since: 08 Oct 2012) Samsung apologists better stay away from this one. posted on 02 Apr 2015, 07:25 5 5. coldspring22 (Posts: 349; Member since: 28 Feb 2015) No problem, Samsung can cater to both crowds by continuing to release other phones with SD card slots. But for android overall, Samsung is irrelevant as Chinese manufacturers will soon take the top tier and most of the global smart phone sales posted on 02 Apr 2015, 07:37 8 13. TerryTerius (unregistered) Let's have some perspective. Considering Chinese manufacturers are almost across the board limited to Asia and Samsung still out sold the other top 5 Android manufacturers combined last year, I'm not entirely sure how you predict that. 15. sgodsell (Posts: 5816; Member since: 16 Mar 2013) Micro SD slot is not and issue in today's world, especially since you can buy inexpensive devices that allow users the capability of using a micro SD … [Read more...] about Comments for : Poll results: How important is the availability of a microSD card slot to you when buying a smartphone?
It doesn't seem that long ago that owning a mobile phone meant roping yourself into a two-year carrier contract, to the tune of at least $70 per month. Barf. These days, you can skip the contract and pay considerably less, especially if you choose an MVNO -- a mobile virtual network operator. These carriers lease bandwidth from the Big Four -- AT&T, Sprint, T-Mobile and Verizon -- meaning you get the same core service, but usually at lower rates. Perhaps you've heard of some of them? FreedomPop, Mint SIM, Tello and Ting are among the MVNOs that have made headlines with cheap prices and/or unconventional business models, like paying for a year in advance or paying only for the service you use. Before you make a change, however, you'll want to do a bit of homework. Some low-cost carriers impose limits you might not expect, or require you to pay extra for certain features. Here's a list of questions to ask before you take your phone business elsewhere. Is your current phone still … [Read more...] about 9 things to consider when choosing a low-cost carrier