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Traditional IRA Rules and Limits
With all the concern these days about the Roth IRA, traditional IRAs may be in danger of getting lost. But for many of the same reasons that a Roth IRA is so important, traditional IRAs continue to be valuable. I admit it â Iâm a big fan of the Roth IRA. I think everyone should […]
The post Traditional IRA Rules and Limits appeared first on Good Financial Cents®.
Mortgage and refinance rates today, February 4, 2021
Today’s mortgage and refinance rates Average mortgage rates inched higher again yesterday. Although that was the latest in a recent series of increases, those rates are still nearer to the […]
Freddie Mac 2020 Portfolio Growth Doubles 2019’s
Posted To: MND NewsWire
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 22.4 percent in December compared to a 29.5 percent gain in November. The portfolio balance at the end of the period was $2.740 trillion compared to $2.689 trillion the prior month and $2.301 trillion a year earlier. The growth rate for 2020 was 17.6 percent, up from 6.8 percent for all of 2019. Purchases and Issuances totaled $129.639 billion and Sales were ($1.330) billion. The November numbers were $155.291 billion and ($4.080) billion, respectively. Single-family refinance loan purchase and guarantee volume was $77.6 billion in December compared to $107.3 billion in November, representing a 70 percent share of total single-family mortgage portfolio purchases and issuances compared to 74 percent…(read more)
30-year fixed mortgage rate remains -1.29% below 2019âs average | February 4, 2021 – Bankrate.com
30-year fixed mortgage rate remains -1.29% below 2019âs average | February 4, 2021 Bankrate.com
Salary Needed to Afford Home Payments in the 15 Largest U.S. Cities â 2021 Edition
Housing costs eat up more of the average American’s salary each month than any other single expense, reaching about one third of average expenditures in 2019, according to data from the Bureau of Labor Statistics. And while homeownership is coded into … Continue reading →
The post Salary Needed to Afford Home Payments in the 15 Largest U.S. Cities – 2021 Edition appeared first on SmartAsset Blog.
Best Reverse Mortgage Lenders for 2021
Reverse mortgage companies provide homeowners ages 62 and over with home equity conversion mortgages, or HECMs, that convert home equity into cash. The best reverse mortgage lender provides multiple options for tapping your home equity and solid educational resources focused on the lending process and reverse mortgage rates and costs. A counseling session is mandated […]
The post Best Reverse Mortgage Lenders for 2021 appeared first on The Simple Dollar.
How to pay off your student loans faster
Learn all the different ways you can pay off your student loans so you can find the approach that works best for you.
A Guide to Qualified Retirement Plans
Saving for retirement is an important financial goal and there are different options when it comes to where to invest. A qualified retirement plan can make it easier to build wealth for the long term, while enjoying some significant tax benefits. Qualified retirement plans must meet Internal Revenue Code standards for form and operation under […]
The post A Guide to Qualified Retirement Plans appeared first on SoFi.
How to Lower Your Closing and Mortgage Costs
Finding the best mortgage to fit your specific needs is no simple task. You should certainly shop around for your mortgage but you need tools to make apple-to-apple comparisons. If youâre not a math junkie, youâll probably have some frustration working through the details but it will make you financially wiser in the end. Understand […]
The post How to Lower Your Closing and Mortgage Costs appeared first on RealtyBizNews: Real Estate News.