Between paying for your everyday expenses including groceries, rent, student loans, bills, and everyday expenses, it can seem nearly impossible to find a few dollars left over to put toward retirementâespecially when that might be decades away. However, building up a nest egg isnât just important, itâs urgent. The sooner you start, the more financially […]
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Using coupons as often as you can when youâre shopping can help you reduce your everyday spending, and make it easier to stick to your grocery budget. And you donât have to become an âextreme couponerâ to start saving significant cash at the supermarket, drug store and other retailers. Simply taking a few minutes to […]
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Itâs that time again folks, where I answer your burning mortgage questions. The latest mortgage Q&A: âDo mortgage rates change daily?â Mortgage rates are hot news right now, what with them hovering around all-time lows yet again but beginning to inch higher. And it seems everyone is interested to see if they can save a [&hellip
The post Do Mortgage Rates Change Daily? first appeared on The Truth About Mortgage.
Here we go again â the latest Forbearance and Call Volume Survey from the Mortgage Bankers Association’s (MBA) revealed that the total number of loans in forbearance increased from 5.95% to 6.99% as of April 19th, 2020. That means roughly 3.5 million homeowners have now asked for their mortgage payments to be put on hold [&hellip
The post Mortgage Forbearance Rate Hits 7%, Fannie/Freddie May Offer Partial Claim to Repay first appeared on The Truth About Mortgage.
As a general rule of thumb in investing, more risk, more potential reward. But one of the biggest fears people have when it comes to investing is losing their hard-earned money. Why take the risk when you could keep your cash safely stored in your checking account? Well, a lot of reasons. For one, limiting […]
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Biden says he’ll be great for the economy. Trump says Biden will ruin both the stock and real estate markets. Here’s the truth.
Weâre now getting more information on just how many Americans might be receiving mortgage relief due to the crippling effects of coronavirus. Itâs only been a couple weeks since mortgage forbearance programs were officially launched, including the relief thatâs part of the CARES Act, which allows homeowners to pause six to 12 mortgage payments. And [&hellip
The post Nearly 3 Million Homeowners Already Receiving Mortgage Forbearance first appeared on The Truth About Mortgage.
A financial adviser can be worth their weight in gold — or become the ultimate nightmare.
One of the most popular retirement accounts is an IRA, or Individual Retirement Account. IRAs allow individuals to put money aside over time to save up for retirement, with tax benefits similar to that of other retirement plans. Two common IRAs are the SIMPLE IRA and the traditional IRA, both of which have their own […]
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Asset allocation is the practice of investing across asset classes in a portfolio in order to balance the different potential risks and rewards. The three main asset classes are typically stocks, bonds, and cash. Asset allocation is closely tied with portfolio diversification. Diversification means spreading oneâs money across a range of assets. In a general […]
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