interest rates
How to Negotiate with Creditors
Whether your mailbox is stuffed full of past-due notices or your phone is ringing off the hook, you canât ignore your creditors forever. And itâs always better to try and work out a deal before…
The post How to Negotiate with Creditors appeared first on Crediful.
How does refinancing a student loan affect credit?
Does refinancing student loans affect credit? Learn all about student loan refinancing and whether itâs right for you with Lexington Law.
Re-thinking safe-withdrawal rates and how much you’ll need in retirement
This is a guest post from Financial Samurai. The views of guest authors are their views and not necessarily mine. That said, I think it’s a good thing to read and share ideas that differ from your own. (And, in fact, I’d argue that many of our larger political problems in the U.S. today stem from an unwillingness to do just this.) Over the past fifteen years, I’ve published many guest articles I didn’t agree with. I’m sure to publish more in the future. With that disclaimer out of the way, let’s look at Sam’s arguments for re-thinking the four-percent safe withdrawal rate.
On 27 August 2020, the Federal Reserve announced a major policy shift. Fed Chair Jerome Powell said the Fed is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.
In other words, the Federal Reserve is likely to keep its Fed Funds rate at or near zero percent for longer. In the past, the Federal Reserve would consider raising interest rates when the unemployment rate falls to ward off inflation down the road.
Given this policy shift, I think youâd be a fool to follow a four-percent safe withdrawal rate in retirement. Let me tell you why.
What is a personal line of credit? – Lexington Law
9 Ways to Improve Your Financial Life
Like any goal, making it in life financially is a matter of developing good everyday habits. That doesnât mean you need to overall your entire lifestyle and start sticking to a draconian budget starting tomorrow. Small, incremental changes in the way you manage your moneyâsuch as trimming back some of your recurring bills and putting […]
The post 9 Ways to Improve Your Financial Life appeared first on SoFi.
What Is APR? Annual Percentage Rate Explained
Where to find bank statement loans for self-employed mortgage borrowers
Bank statement loans can help self-employed mortgage borrowers qualify for a bigger home loan. Here’s how to find a safe, low-rate bank statement loan.
Mortgage Rates Hold Steady to Start New Week
Posted To: Mortgage Rate Watch
Mortgage Rates did well last week, with the average lender getting very close to long-term lows by Wednesday. After that, however, volatility in the bond market caused some concern about an unfriendly shift in rate momentum. Today’s trading helps soothe those concerns as the bond market (which dictates rates) held inside a narrow range very close to Friday’s latest levels. The average mortgage lender offered rates that were at least as good as Friday’s with purchases still seeing 2.5-2.625% and no-cash-out refis in the 2.75-2.875% neighborhood (this assumes a top tier conventional 30yr fixed loan with at least 20% equity, 740+ credit, and no other negative loan level price adjustments). The bond market has a lot on its mind these days. A large scale battle is being waged between all of covid…(read more)
Pre-Wedding Bashes Can Put a Dent in Saving for a Home Down Payment
A sobering report finds that millennials who take nine destination bachelor trips will spend up to 35% of the down payment on the median-priced home.