Browsing Tag

interest rates

Average Small Business Loan Size

Owning a business can be expensive and unexpected expenses tend to arise. For small business owners who need additional funds, small business loans could be a great option. There are many factors to consider when choosing a small…

7 Best Ways to Pay Off Credit Card Debt

Editorial credit: Onchira WongsiriDo you know the percentage of people who have credit card debt? A study shows that up to 30% have $5,000 and less in debt. 21% have more than this amount. We are talking about more than 40 million people…

When will car prices get cheaper?

Car prices are not what they used to be. But will car prices be cheaper again? The current chip shortage in much of the world is driving the rise in auto prices, but the prices of the most popular vehicles were already…

Compare current FHA mortgage rates

What is an FHA loan?An FHA loan is a government guaranteed loan that helps those who cannot afford or qualify for a conventional mortgage. These tend to have lower income and credit score requirements - lenders can accept requests for…

Low Interest Auto Loans For Bad Credit

It's no secret that bad credit equates to higher interest rates when it comes to auto loans. Just how much higher depends on many factors. Let's see what could determine if you can get a low interest auto loan while you…

Definition of non-conforming mortgage

What is a non-conforming mortgage? A non-conforming mortgage is a mortgage that does not follow the guidelines of government sponsored companies (GSE) such as Fannie Mae and Freddie Mac and, therefore, cannot be sold to…

Definition of the subprime market

The subprime market: an overview The subprime mortgage market is the segment of financing activity that relates to loans made to individuals or companies that present a greater default risk due to their bad credit history or…

Debts to repay? Fairstone Financial can help

The rise in mercury is prompting many of us to start spring cleaning. While you're cleaning your house or garden, why not think about cleaning up your finances as well. Paying off your debts is a great way to get back on track and meet your…