Lenders and borrowers often have a different recollection of a personal loan's terms

There's nothing wrong with wanting to help a loved one in a financial lurch, but not if it will derail your own finances.

 Lending money to family and friends can also ruin relationships. A study published in the Journal of Economic Psychology in June 2012 found that lenders and borrowers often have a different recollection of a personal loan's terms, and unpaid loans can lead to lingering bad feelings between the lender and borrower.

JPMorgan Chase takes a proactive approach!

This year, there were four companies that were honored by the Families and Work Institute for their contributions to the military community. Among those four was a name most are familiar with: JPMorgan Chase.

The Work Life Legacy Military Award is awarded every year based on “promising practices for hiring and supporting transitioning service members and their families”.

Small changes in the interest rates for mortgages

Mortgage rates rose marginally today after two days of significant improvement.  Wednesday and Thursday's strong gains followed the release of the latest FOMC Minutes which showed that the Fed was much closer to announcing additional monetary easing than many had thought.  Today's movement isn't nearly as large as the past two days and doesn't do anything to change the Best-Execution rates that prevailed yesterday.  For Conventional 30yr Fixed Loans, that's generally 3.5% with some lenders able to offer 3.375% with increased costs and others still best-priced at 3.625%.

Consider the question of getting a mortgage?

Can you qualify for a mortgage to buy a home? It’s a straightforward question, but often one without a simple answer. Here are some of the main considerations to answer that question for yourself.
Can you afford it?

Mortgage Rates for Refinancing

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