Erik J. Martin

A prepayment penalty is a fee a lender charges to discourage a borrower from refinancing or settling their mortgage early.

You don’t have to be Chicken Little to realize the importance of a sturdy roof over your head. Having a reliable roof is crucial whether you own a home or are preparing to purchase or sell one. But if that roof is old or impaired, chances are it’s going to need replacing or repairing sometime soon. That begs an important question: What’s the cost of a new roof?

The Bankrate promise Thinking about selling your Great Lakes State home? Prices here have been increasing for at least the past five

The Bankrate promise Key takeaways It is possible to get a business credit card without owning a business if you earn money independently, such as through freelance writing or driving for rideshare apps.

By Erik J. Martin and Bankrate Updated 9 hours ago Key takeaways

That home equity you've accrued can be a powerful asset that comes in handy when you need extra cash.

Key takeaways Applying for a credit card can trigger a hard credit inquiry that will temporarily decrease your credit score.

Key takeaways Business travel insurance reimburses particular unexpected expenses or financial losses you suffer before or during a trip for work.

Key takeaways Refinancing replaces your current mortgage with a new one, adjusting the rate, term or both.

It's possible to sell a house by owner in Massachusetts, but it's a lot of work. Here's what to know about FSBO sales in the Bay State.