Inflation
Top Financial Stories of 2022: Crypto, Student Loan Forgiveness, Inflation and More
Here are the stories that shaped your financial world last year.
HELOC Rates Expected to Rise Another 2% By Early 2023
In recent months, home equity lending has picked up speed as interest rates on first mortgages have effectively doubled. Long story short, it doesnât make a lot of sense to apply for a cash out refinance only to lose your low fixed rate in the process. But borrowers still want to take advantage of their… Read More »HELOC Rates Expected to Rise Another 2% By Early 2023
The post HELOC Rates Expected to Rise Another 2% By Early 2023 appeared first on The Truth About Mortgage.
Your Credit Score Alone Can Make or Break Your HELOC Rate
Youâve probably heard that maintaining an excellent credit score is very important when it comes to getting a mortgage. Not only will it help ensure you qualify for a mortgage, a tip-top score will also make you eligible for the lowest mortgage rates available. Yes, youâll need to document income, assets, and employment as well,… Read More »Your Credit Score Alone Can Make or Break Your HELOC Rate
The post Your Credit Score Alone Can Make or Break Your HELOC Rate appeared first on The Truth About Mortgage.
Home Prices Need to Fall 25%, But They Probably Wonât
A new report from Zillow revealed that home prices need to come down by about 25% to become affordable again. But chances are they wonât, despite a lot of sensationalist media calling for a housing crash. At the end of the day, home prices have gotten inflated, but limited supply and homeowner lock-in effect, combined… Read More »Home Prices Need to Fall 25%, But They Probably Wonât
The post Home Prices Need to Fall 25%, But They Probably Wonât appeared first on The Truth About Mortgage.
How to retire early: Take these steps to get there
Have you ever dreamed of ditching the daily grind? If youâre wondering how to retire early, these retirement experts have answers.
The post How to retire early: Take these steps to get there appeared first on Discover Bank – Banking Topics Blog.
How Much to Have in a College Savings Account by Age
College can be invaluable, potentially leading to higher lifetime earnings. However, saving for college can be a very long-term goal that youâll need to check to verify your progress. After all, the cost of college has risen rapidly and savings ⦠Continue reading â
The post How Much to Have in a College Savings Account by Age appeared first on SmartAsset Blog.
7 Ways Inflation Can Cost You at Tax Time
Tax breaks help pad our bottom line. But inflation makes these deductions less valuable with each passing year.