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Rebecca Lake

Home Buying, Retirement and Investing Expert

Rebecca Lake has been writing about the nuts and bolts of personal finance for nearly a decade. She is an expert in investing, retirement and home buying topics. Her work has been featured on The Huffington Post, Business Insider, CBS News, U.S. News & World Report and Investopedia. As a homeschooling mom of two, she's always looking for ways to make the most of every dollar.

Posts by Rebecca Lake:

by Rebecca Lake Oct 13, 2016

Research reveals that while women are statistically better than men at keeping up with their mortgage payments, they’re also more likely to pay more for a loan. According to the Urban Institute, while women borrow less money from lenders than men, 4.9% of female homebuyers end up with a higher-priced mortgage loan compared to 4.6% of male homebuyers. Read more

by Rebecca Lake Sep 06, 2018

Economic recessions are never pleasant. But they’re an unfortunate reality that investors have to deal with from time to time. While it’s impossible to predict when a recession will hit, there are often clues that warn of a potential economic downturn. If you’re worried that another recession could hurt your portfolio, it might be a good idea to take these tips into consideration. Read more

by Rebecca Lake Oct 10, 2016

Many millennials who want to become homeowners simply can’t afford to buy a house. In some cases, it takes young adults a decade to save up for a standard 20% down payment. If you don’t want to defer your dream of owning a home for the next 10 years, you might need to create a savings strategy. Here are some of the fastest ways to come up with the cash you need for a down payment. Read more

by Rebecca Lake Dec 19, 2016

If you’ve been too afraid to take a serious look at your investment portfolio, this could be the perfect time to finally do it. Even if you think you’ve made good financial decisions, you could be… Read more

by Rebecca Lake Aug 22, 2017

One common misconception about investing is that you need a big bankroll to get started. Some financial technology companies are challenging that notion by bringing the concept of micro investing to… Read more

by Rebecca Lake Oct 06, 2016

A survey published by Discover found that millennials are twice as likely as baby boomers to take out a home equity loan. While many of the participants used a home equity loan to consolidate debt or… Read more

by Rebecca Lake May 18, 2018

When the economy is booming, you may not think about what could happen to your investment portfolio during a market downturn. But economic slowdowns tend to be cyclical, so it’s not unrealistic to… Read more

by Rebecca Lake Oct 05, 2016

Fall is in the air and for some home sellers, it’s the perfect time to try and find a buyer. Selling a home in October or November can work in your favor since there’s less competition. But it’s… Read more

by Rebecca Lake Jul 16, 2018

Part of planning for retirement is deciding when to leave your job behind. But sometimes plans go awry. If a sickness prevents you from working or your company downsizes, you could be forced to… Read more

by Rebecca Lake Oct 03, 2016

If you’re ready to shop around for a home, it’s best to make sure you can qualify for a loan first. Getting preapproved for a mortgage can give you an idea of how much you’ll be able to borrow. At… Read more

by Rebecca Lake Sep 27, 2016

Choosing to buy a home is a major decision that you probably shouldn’t make impulsively. Sealing the deal on a home sale before you’re ready – or buying a house that you aren’t completely satisfied… Read more

by Rebecca Lake Sep 26, 2016

Spring is traditionally the hottest time of year to buy a home. But there’s a lot to be said for waiting until September or October to begin shopping around for a property. As nature’s landscape… Read more

by Rebecca Lake Sep 26, 2016

Saving for retirement can be a daunting task and it’s hard to do it without a road map. Maxing out your employer-sponsored plan (such as your 401(k) account) can be a great starting point. But there… Read more

by Rebecca Lake Jul 24, 2018

Knowing that you should save for retirement and actually doing it are two different things. If you never got around to building a nest egg, you run the risk of going broke in retirement. That could… Read more

by Rebecca Lake Sep 22, 2016

Buying a traditional home can seem stressful, especially if you’re doing it for the first time. But buying a historic home is an entirely different experience. Anyone who wants to own one will have… Read more

by Rebecca Lake Sep 22, 2016

There’s no such thing as being too prepared to buy a home. The more time you have to get your finances in order, the better. Taking certain steps while you’re still in the planning stage can make the… Read more

by Rebecca Lake Sep 21, 2016

Ideally, a good homeowners insurance policy should cover the cost of repairing or replacing your home when disaster strikes. But even if you believe that you have enough coverage, your insurance… Read more

by Rebecca Lake Mar 09, 2017

By the time you turn 60, you may be ready to leave the workforce for good. But some seniors aren’t in the financial position to quit their jobs. While working in retirement won’t prevent you from… Read more

by Rebecca Lake Jul 11, 2017

If you’re hoping to land a good deal on a home, you might want to consider buying a real-estate owned house (a foreclosed home that’s owned by a bank or lender). Freddie Mac connects buyers and… Read more

by Rebecca Lake Jul 24, 2018

Worrying about having enough retirement savings can keep you up at night. If you’ve barely put anything away, it’s easy to panic or give up on saving altogether. But there’s a third option: You can… Read more

by Rebecca Lake Sep 07, 2016

Married couples have to figure out how to merge their assets. And whether they’re managing budgets or mapping out a plan to eliminate debt, it’s important for both people to be on the same page. That… Read more

by Rebecca Lake Sep 06, 2016

If you’re young, your retirement healthcare needs are probably the last thing on your mind. But even if your golden years are decades away, it might be a good idea to start thinking about how you’re… Read more

by Rebecca Lake Mar 25, 2017

While plenty of millennials are steering clear of homebuying these days, there are still a number of young adults who are in the market for a mortgage. According to a recent report, FHA loans are… Read more

by Rebecca Lake Sep 05, 2016

Spring is typically considered to be the busiest season in the real estate market. But according to a recent report, homes listed for sale in the fall are more likely to sell within six months than… Read more

by Rebecca Lake Sep 14, 2018

Before you can apply for a home loan, you’ll need to choose a mortgage product. Fixed-rate mortgage loans are popular among first-time homebuyers. But to some people, an adjustable rate mortgage (ARM… Read more