David McMillin
David McMillin is a contributor to Bankrate covering personal finance, including mortgages, real estate, student loans and auto loans. From budgeting tips for individuals to funding strategies for aspiring business owners, his goal is simple: to help readers figure out how to save more and stress less. As a musician, he has spent a lot of time worrying about money, as well, and he applies the lessons he’s learned from that financial balancing act to offer practical advice for personal spending decisions.
McMillin studied writing at DePauw University. He is based in Chicago and loves to discover new places. He only needs to visit four more states (Alaska, Oklahoma, Utah and Vermont) to check all 50 off his list.
- Chicago, IL, USA
- davidmcmillin
Publications
- CNET8 articles
- Bankrate8 articles
- Fox Business5 articles
Writes Most On
How soon can you pull equity out of your home?15 May—BankrateAfter buying a home, there’s usually no waiting period to apply for HELOCs or home equity loans, but there are six- to 12-month restrictions in place for most cash-out refinances. The best time to take out home equity is when you have a small mortgage balance, a strong credit score and a low debt-to-income ratio. If you’re contemplating tapping your home equity, you’re not alone: Almost 30 percent of homeowners say they would consider borrowing against their residence’s value, according to a...
What house-hunters can expect for spring homebuying season, according to Realtors17 Mar—BankrateApril showers bring May flowers — and, typically, a lot of blossoming homebuyers. As the weather begins to brighten, the housing market historically gains momentum, with crowded open houses and an uptick in listings. But will the sun shine on hopeful house-hunters this spring? The answer may depend on where those homes are located. Some markets are so red-hot that they’re still seeing bidding wars: The typical home in Rochester, New York, for example, receives an average of five offers and...
