10 Reasons Today’s Older Workers Are Delaying Retirement
About 40% of workers say they are delaying retirement. Find out why.
Mortgage News
Wait, Home Buying Is the Cheapest Itâs Been in 20 Years?
If you happen to be in the market to buy a home, youâre probably not giddy with delight over todayâs sky-high listing prices. After all, home prices continue to inch higher and higher from their near-term lows seen about a decade ago after surging for years. Knowing the home seller purchased the property for 50%… Read More »Wait, Home Buying Is the Cheapest Itâs Been in 20 Years?
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It’s Time to Start Buying Stocks
The bear market may not be over for stocks, but it’s close enough to start taking positions in solid companies. Here are a few to consider.
If You Took Out a VA Loan in the Past 20 Years, Look Out for a Possible Refund
Over the past few years, VA loans have been at the center of controversies related to loan churning and high prepayment speeds. In short, some veterans were refinancing their home loans at a very aggressive pace, whether beneficial to them or not. It was happening so frequently that Ginnie Mae, which guarantees the underlying mortgage-backed… Read More »If You Took Out a VA Loan in the Past 20 Years, Look Out for a Possible Refund
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Home Builders: Housing ‘Highly Affordable’
Housing affordability remained near its highest level on record for the sixth consecutive quarter, according to the latest survey from the National Association of Home Builders. The National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) indicated that 72.3 percent of all new and existing homes sold during the second quarter were affordable to… Read More »Home Builders: Housing ‘Highly Affordable’
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Freddie Mac CHOICERenovation Mortgage Review
Freddie Mac has just launched a new renovation loan product known as the âFreddie Mac CHOICERenovation Mortgage.â While the name is a bit of a mouthful, the offering is expected to be more liberal than their existing plainly named Renovation Mortgage. The new loan program will go head-to-head with similar offerings from Fannie Mae (HomeStyle… Read More »Freddie Mac CHOICERenovation Mortgage Review
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Should You Take Retirement Advice from a Salesperson?
All financial advisers are legally required to act in your best interest. Still, they might have you sign that right away.
37% of American Homeowners Are Now Free and Clear
What a difference a decade makes. Back in 2009, it was a lot more common to hear about underwater mortgages than free and clear homeowners. In fact, a Deutsche Bank analyst warned at the time that 48% of U.S. homeowners would owe more on their mortgages than their properties were worth. Negative equity levels did… Read More »37% of American Homeowners Are Now Free and Clear
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This Savings Bond Now Pays Nearly 7% — Should You Buy?
The U.S. Treasury is still offering an impressive return, but this investment is not necessarily right for everyone.
A 30-Year Fixed in the 3% Range? Maybe, But Does Anyone Care?
The good news about the continued economic uncertainty is interest rates keep slipping lower and lower. The basic principle with regard to mortgage rates is that bad economic news pushes them down, and good news makes them rise. Fairly simple. And so over the past few weeks, mortgage rates have been inching back toward what… Read More »A 30-Year Fixed in the 3% Range? Maybe, But Does Anyone Care?
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