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Rebecca Lake

Home Buying, Retirement and Investing Expert

Rebecca Lake is a retirement, investing and estate planning expert who has been writing about personal finance for a decade. Her expertise in the finance niche also extends to home buying, credit cards, banking and small business. She's worked directly with several major financial and insurance brands, including Citibank, Discover and AIG and her writing has appeared online at U.S. News and World Report, CreditCards.com and Investopedia. Rebecca is a graduate of the University of South Carolina and she also attended Charleston Southern University as a graduate student. Originally from central Virginia, she now lives on the North Carolina coast along with her two children.

Posts by Rebecca Lake:

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 be a problem if you have a lot of unpaid debt and financial obligations. But luckily, there are ways to stay afloat when you run out of savings. Here are three ways to cope when you come up short. 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 to adhere to strict rules and guidelines. If you’re interested in turning a historic property into the home of your dreams, here are a few things that you’ll need to keep in mind. 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 home-buying process less stressful in the future. If homeownership is part of your five-year plan, here are several steps you’ll need to begin taking now. 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 Aug 01, 2019

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 Aug 23, 2019

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

by Rebecca Lake Feb 22, 2017

Getting a mortgage can be an exhausting process. Lenders might dig into just about every aspect of your financial life, from your credit score to the amount of money you’ve got in your bank account.… Read more

by Rebecca Lake Oct 01, 2019

Jumping into the investing game in your 20s can pay off big time by the time you’re ready to cut your losses and retire. Unfortunately, many millennials opt out of building a portfolio. So why are 20… Read more

by Rebecca Lake Jun 25, 2018

If you’re having trouble selling your house, the solution to your problem might literally be in the palm of your hand. Anyone with a smartphone has unlimited access to a treasure trove of apps. And… Read more

by Rebecca Lake Oct 19, 2018

If you’ve strayed away from your original asset allocation, rebalancing can help you get back on track. And if you want to lower your investment risk, rebalancing can protect your portfolio from… Read more

by Rebecca Lake Jun 11, 2018

Working with a mortgage lender isn’t always easy. Some of their decisions might even annoy you. For example, if your lender keeps pushing back your closing date or changing your loan terms, you may… Read more

by Rebecca Lake Aug 16, 2016

Dealing with debt collectors can be a real drag, especially if they’re constantly hounding you to pay up. The Fair Debt Collection Practices Act (FDCPA) protects consumers against harassment from… Read more

by Rebecca Lake Aug 16, 2016

When you’re selling a home, you want the transaction to be profitable. At the same time, you may be expected to negotiate if you want to lock in a buyer. Making concessions can help you sell your… Read more

by Rebecca Lake Aug 15, 2016

Maintaining a good working relationship with your financial advisor is important, especially when you’re trying to build wealth. But annoying your advisor or doing things that drive him up the wall… Read more

by Rebecca Lake Aug 23, 2019

October 15 marks the beginning of the annual Medicare open enrollment period. If you’re a senior, you’ll have until December 7 to make changes to your existing coverage or enroll in Medicare for the… Read more

by Rebecca Lake Aug 10, 2016

Buying a home is no easy feat. That hasn’t deterred single women from flooding the market, however, and they represent a growing share of newly minted homeowners. If you’re preparing to buy a home on… Read more

by Rebecca Lake Aug 08, 2016

If you’re only investing in a mixture of stocks, mutual funds or bonds, there are plenty of ways to add diversity to your portfolio. Fine art can be a lucrative investment but it takes a certain… Read more

by Rebecca Lake Aug 08, 2016

When mortgage rates are low, that’s a plus for aspiring homeowners because it means that they have more buying power. But it also means that they have to think about whether it makes sense to get a… Read more

by Rebecca Lake Jul 18, 2019

Tech stocks have become a popular choice among investors. While owning a share of stock in Google or Apple might be out of reach for some people, there are plenty of companies whose stock is more… Read more