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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 Jun 06, 2016

The relationship you have with your real estate agent can set the tone for the entire home buying process. Your agent is supposed to help you find a property you can afford and work with the seller to negotiate the details of the purchase. But problems could arise if you’re on different wavelengths. If you want everything to run smoothly, here are five bad habits to steer clear of. Read more

by Rebecca Lake Apr 11, 2017

Saving for retirement is a common financial goal, but it’s often easier said than done. A new survey suggests that despite the pressure to plan for the future, retirement savings rates have dropped. Meanwhile, concerns about not having enough money in retirement have risen. If you haven’t saved much for your golden years, keep reading to see how you compare to the rest of the country. Read more

by Rebecca Lake Jul 18, 2019

If you’ve been struggling to pay a mortgage loan backed by Fannie Mae or Freddie Mac, relief may soon be on the way. The Federal Housing Finance Agency (FHFA) recently announced that it would roll out its Principal Reduction Modification program for qualifying homeowners. This initiative is aimed at helping homeowners who ended up underwater following the housing crisis. Here’s what you need to know about how this new program works. Read more

by Rebecca Lake Jun 03, 2016

If you’re ready to sell your home, it’s important to think carefully about how you’re going to do it. Making certain missteps along the way can derail the sale and leave you stuck in a house that no… Read more

by Rebecca Lake Jun 02, 2016

Homebuyers have to decide whether to get their mortgage through a broker or contact a lender directly. Buying a home through a broker has some advantages but it can potentially make your purchase… Read more

by Rebecca Lake May 31, 2016

Buying a house is hard enough without scammers attempting to steal your hard-earned cash. Unfortunately, there are a number of mortgage scams that routinely make the rounds and one of them involves… Read more

by Rebecca Lake Jul 17, 2019

Buying or selling a home can be stressful. But an experienced real estate agent can guide you through the process and ensure that things run smoothly. In exchange for their hard work, real estate… Read more

by Rebecca Lake Jul 09, 2018

Choosing the right investments is an important part of building wealth. If you don’t have the time to take an active role in managing your portfolio (or you’re just feeling lazy), you can still find… Read more

by Rebecca Lake Mar 12, 2019

In December 2015, the Federal Reserve raised the federal funds rate by a quarter of a percentage point. That was the first time the Fed had raised rates in nearly a decade. While federal funds rate… Read more

by Rebecca Lake Feb 07, 2017

Traveling and volunteering are both great ways to spend your golden years. But some seniors are more interested in starting the businesses they’ve always dreamed of founding. Donning a small business… Read more

by Rebecca Lake Feb 02, 2017

Graduating from college is exciting, but it comes with a slew of new responsibilities. That’s especially true when it comes to personal finance. Before the ink dries on your diploma, it’s important… Read more

by Rebecca Lake May 25, 2016

Title III of the 2012 JOBS Act allows both accredited and non-accredited investors to participate in equity crowdfunding. Under these new rules, anyone can invest in equity shares of a startup… Read more

by Rebecca Lake Feb 02, 2017

Besides high student loan debt and low wages, strict lending requirements are yet another barrier for many young adults who want to buy homes. Fortunately, there are programs like HomeReady that are… Read more

by Rebecca Lake Jun 25, 2018

Enlisting the help of a mortgage broker can make the home buying process run more smoothly. Brokers connect buyers with lenders so they can secure the most favorable mortgage loan terms possible.… Read more

by Rebecca Lake Jul 24, 2018

Social Security benefits supplement existing savings in retirement and while they’re valuable to many seniors, they’re often misunderstood. In a recent survey, only 28% of participants earned a… Read more

by Rebecca Lake Jul 09, 2019

Mortgages can cause a lot of headaches, but for many people they are the only route to a new home. For a select few, though, buying a home outright with cash might be possible. Regardless, having… Read more

by Rebecca Lake Jun 27, 2017

With a traditional rewards credit card, you can earn miles, points or cash back. If you have an investment rewards card, however, you can use your rewards to save for retirement or fund your child’s… Read more

by Rebecca Lake Sep 17, 2018

When you’re buying a home, one of the things you have to factor into your budget are closing costs. Typically, homebuyers spend between 2% and 5% of the purchase price on these expenses. If you agree… Read more

by Rebecca Lake May 19, 2016

There’s a long list of things that you’ll have to complete before you can buy a house, including having the home appraised. That’s important because your mortgage lender will need an accurate… Read more

by Rebecca Lake May 18, 2016

One of the most challenging aspects of raising teenagers is helping them develop good money management skills. Teaching them how to budget and save can help them build a solid financial foundation.… Read more

by Rebecca Lake May 17, 2016

Selling a home can be stressful and the closer you get to finishing the deal, the brighter the light at the end of the tunnel. If the buyer backs out suddenly, however, that’ll put a major wrinkle in… Read more

by Rebecca Lake May 18, 2016

The 2012 JOBS Act was designed to boost economic growth and make it easier for small businesses and startups to raise capital. Title III of the law deals specifically with equity crowdfunding and… Read more

by Rebecca Lake May 16, 2016

Hiring a financial advisor might be a good idea if you need help managing your portfolio, planning your estate or working toward your long-term goals. Knowing that you can trust your advisor to make… Read more

by Rebecca Lake May 17, 2016

When startups need additional funding to get off the ground, they can look for venture capitalists (VCs) who are willing to help them. Venture capitalists are investors who offer emerging companies… Read more

by Rebecca Lake May 12, 2016

When it comes to the stock market, millennials aren’t exactly embracing it with open arms. Recent reports show that they hold most of their investments in cash. While cash is king in terms of… Read more