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What Happens When Your Bank is Seized by the FDIC?

March 23, 2023 by Brett Tams

One of the issues that many people have been concerned with during this recession is what happens when a bank is seized by the FDIC. This is a matter of concern because the recession saw quite a few bank closings, and there are still hundreds of banks still on the FDIC watch list for potential […]

The post What Happens When Your Bank is Seized by the FDIC? appeared first on Good Financial Cents®.

Posted in: Money Basics Tagged: 2, 2021, 2023, AAMS, Accredited Asset Management Specialist, action, Advertising, advisor, All, analysis, assets, author, Auto, balance, balance sheet, Bank, bank account, Banking, banks, before, Blog, blue, book, business, CD, CDs, cents, chance, Checking Accounts, Closings, cnbc, color, commission, communication, Consumers, Convenience, couple, Credit, credit cards, currency, custom, data, Debt, deposit, Deposits, disclosure, double, entry, experience, experts, faq, FDIC, Featured, Fees, Finance, finances, Financial Advisor, Financial Freedom, Financial Wize, FinancialWize, freedom, front, funds, good, Google, great, green, health, healthy, hold, hours, Illinois, impact, industry, Insurance, interest, Invest, investment, investments, Leaders, Learn, Links, list, loan, Loans, Local, LOWER, Main, Make, manage, market, md, Media, money, money market, More, new, new york, new york times, News, office, Operations, or, orange, organizing, Other, ownership, Personal, personal finance, personal finances, place, plan, planner, Planning, podcast, protection, Purchase, quality, quiet, rate, ready, Recession, Research, resolution, retirement, Retirement Planning, Review, safe, savings, Savings Accounts, science, SEC, Sell, selling, story, the balance, The Wall Street Journal, thrift, time, title, Travel, trust, under, updates, Video, wall, Wall Street, wealth, wealth management, will, work, youtube

Lower mortgage rates fueling existing home sales

March 21, 2023 by Brett Tams

To understand why we had such a beat in sales, you only need to go back to Nov. 9, when mortgage rates started to fall from 7.37% to 5.99%.

Posted in: Mortgage, Mortgage Rates, Refinance Tagged: 2, 2022, 2023, action, active, affordability, All, bankruptcy, bar, before, Behavior, bidding, bidding wars, Books, bubble, buyers, cnbc, co-ops, cost, country, covid, COVID-19, crash, Credit, data, days on market, Distressed, Economics, environment, existing, Existing home sales, Fall, Family, Federal Reserve, Financial Wize, FinancialWize, first-time buyers, First-time Homebuyers, Forbearance, good, Grow, growth, helpful, historical, home, Home Sales, Homebuyers, Homeowner, homeowners, homes, Housing, housing bubble, housing data, Housing inventory, Housing market, Housing Market Tracker, housing sales, inventory, investors, Listings, low, LOWER, Make, market, MBA, More, Mortgage, Mortgage Rates, Move, NAR, one year, panic, place, price, products, Purchase, rate, Rates, rebound, return, rise, sales, Sell, selling, single, single-family, single-family homes, time, townhomes, trend, will, work, wrong

How to Invest $200,000 and Generate a Solid Return

March 21, 2023 by Brett Tams

When at the point of wondering how to invest $200,000, that’s definitely a good sign. After all, having this amount to invest means you’re on the fast path to building long-term wealth. This is especially true if you can invest $200,000 and leave it alone for a decade or two, giving compound interest plenty of […]

The post How to Invest $200,000 and Generate a Solid Return appeared first on Good Financial Cents®.

Posted in: Money Basics Tagged: 2, 2021, 2022, 2023, 401k, 429, AAMS, Accredited Asset Management Specialist, ad, Advertising, advisor, Affiliate marketing, Alabama, All, analysis, annuity, apartments, app, Apps, Arizona, Arkansas, assets, author, Auto, average, balance, Bank, bank account, banks, basic, before, beginner, big, bitcoin, Blog, Blogging, blue, bold, bond, bonds, book, brokerage, brokerage firms, Budget, build, building, business, Buy, Buying, ca, california, Capital Gains, capital gains taxes, cents, chance, choice, Choices, climate, cnbc, coinbase, collecting, color, Colorado, Commercial, commission, commissions, commodities, Compensation, Compound, Compound Interest, Connecticut, cons, Crowdfunding, crypto, cryptocurrencies, cryptocurrency, ct, curve, custom, data, decades, Deposits, disclosure, display, diversification, diversify, dividend, earn interest, Economy, employer, Employment, entry, estate, ETFs, ethereum, experience, experts, Family, faq, Fashion, Featured, Fees, fidelity, Finance, finances, Financial Advisor, Financial Freedom, Financial Wize, FinancialWize, financing, Florida, fractional, Free, freedom, fund, funds, future, Georgia, get started, Giving, goal, goals, gold, good, Google, great, green, Grow, growth, guide, hawaii, historical, history, hold, home, How To, how to invest, How to Make Money, How to Make Money Blogging, idaho, Illinois, Income, index, index funds, indiana, industry, industry experts, Inflation, interest, Invest, invest in real estate, Investing, investment, Investment Properties, investments, Investor, investors, IRA, irs, items, job, Land, landlord, Leaders, Learn, Life, Links, list, Local, louisiana, low, LOWER, m1 finance, Main, maine, Make, Make Money, make money blogging, manage, market, Marketing, Maryland, Massachusetts, md, Media, Michigan, Millionaire, mississippi, missouri, mobile, Mobile App, model, money, montana, More, Mortgage, mutual funds, nebraska, needs, Nevada, new, New Jersey, new york, new york times, News, north carolina, offer, office, office buildings, online business, or, orange, Oregon, Original, Other, own business, passive, passive income, patience, payments, Personal, personal finance, personal finances, pie, place, plan, planner, Planning, plans, podcast, pool, Popular, portfolio, price, Prices, projects, property, pros, Purchase, quality, ready, Real Estate, Real Estate Investing, real estate investment, real estate market, REITs, Rent, rent payments, rental, rental property, renting, Research, Residential, retirement, retirement accounts, retirement plan, Retirement Planning, retirement plans, return, returns, Review, right, risk, sales, save, savings, Savings Account, Schwab, science, SEC, second, securities, self-employed, Self-employment, Sell, selling, sep ira, shares, short, single, Sites, Small Business, smart, South Carolina, south dakota, space, Start a Business, stock, stock market, stockbrokers, stocks, Strategies, Style, tax, Tax Advantages, tax-advantaged, taxes, Tennessee, texas, The Stock Market, The Wall Street Journal, time, time horizon, title, traditional, trust, trusts, Utah, value, Video, virginia, wall, Wall Street, wants, washington, Washington DC, wealth, wealth management, Websites, will, Wisconsin, withdrawal, work, workers, youtube

Mortgage rates jump back over 7% as inflation fears drive yields higher – CNBC

March 21, 2023 by Brett Tams

Mortgage rates jump back over 7% as inflation fears drive yields higher  CNBC

Posted in: Renting Tagged: 2023, 30-year, 30-year fixed mortgage, Applications, Auto, average, big, Bob Broeksmit, bond, bond yields, buyer, buyers, CEO, Choices, cnbc, color, Consumers, contracts, data, Debt, existing, Financial Wize, FinancialWize, fixed, friendly, George Ratiu, Giving, graham, home, Home Sales, Homebuyers, homes, Housing, Housing market, Inflation, interest, interest rates, jump, loan, Loans, low, LOWER, making, market, More, Mortgage, mortgage applications, Mortgage Bankers Association, Mortgage News, Mortgage Rates, Move, National Association of Realtors, News, pending home sales, Personal, points, president, principal, Purchase, purchase applications, rate, Rates, realtor, Realtor.com, Realtors, sales, Spring, student, Student Loans, time, Treasury, Video, volatility, will

Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses – CNBC

March 18, 2023 by Brett Tams

Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses  CNBC

Posted in: Savings Account Tagged: 2, 2016, 2022, action, Applications, assets, Auto, auto loan, Auto Loans, Bank, bank accounts, bank of america, Banking, banks, borrowers, business, cars, CEO, CFPB, charlie, chase, Checking Accounts, clear, cnbc, color, company, Compensation, Consumer Financial Protection Bureau, Consumers, Credit, Credit unions, Crisis, data, expense, expenses, experience, fed, Federal Reserve, Fees, Financial Wize, FinancialWize, Foreclosures, funds, future, goal, growth, history, homes, Insurance, interest, Investing, investors, JPMorgan Chase, Legal, list, loan, Loans, Mistakes, More, Mortgage, mortgage loans, mortgage servicing, Mortgages, Moving, News, or, Other, overdraft fees, payments, products, protection, Refund, Regulatory, remediation, resolution, rise, Rohit Chopra, san francisco, Servicing, settlement, shares, speculation, taxes, the fed, u.s. bank, under, vehicles, Video, wall, Wall Street, wells fargo, will, work, working

$25-an-Hour Is How Much a Year? (Plus Budgeting and Side Hustle Tips)

March 18, 2023 by Brett Tams

$25 per hour is $52000 a year. Find out how this is calculated and pick up budgeting tips and side hustle ideas.

The post $25-an-Hour Is How Much a Year? (Plus Budgeting and Side Hustle Tips) appeared first on Good Financial Cents®.

Posted in: Mortgage Tips Tagged: 2, 2021, 2022, 2023, 401k, 529, AAMS, Accredited Asset Management Specialist, actual, Advertising, advisor, airbnb, All, Amazon, analysis, ARMs, assumptions, author, Auto, average, Bank, bank account, bank statement, basic, before, bills, Blog, blue, book, Broker, Budget, Budgeting, budgeting tips, build, business, car, cents, child care, Clean, cleaning, cnbc, color, commission, cost, Cost of Living, create a budget, Credit, credit card, custom, customer service, data, Debt, decisions, deck, deductions, design, desk, disclosure, dividend, doordash, Downpayment, driveway, driving, earning, Emergency, Emergency Fund, employer, employer match, employer-sponsored retirement plan, Entertainment, entry, event, expense, expenses, experience, experts, Fall, Family, Featured, Finance, finances, Financial Advisor, Financial Freedom, Financial Planning, financial stability, Financial Wize, FinancialWize, fixed, Florida, food, Free, free time, freedom, freelance, Freelance writer, freelancers, fund, funds, future, gas, get started, goal, good, Google, Graphic, green, groceries, guests, health, Health care, hold, home, hourly, hours, house, Housing, How To, ideas, Illinois, impact, Income, Income Taxes, industry, instacart, Insurance, interest, interest rate, investment, investments, items, job, Job Search, jobs, Leaders, Learn, Lifestyle, Links, list, Live, Living, loan, Loans, Local, LOWER, Main, maintenance, Make, Make Money, making, manage, market, Marketing, md, Media, Medical, medical expenses, Medicare, Miscellaneous, money, More, more money, Mortgage, Movers, multiply, needs, negotiating, net income, Nevada, new, new job, new york, new york times, offer, offers, or, orange, organizing, Other, passive, passive income, Paying Down Debt, payments, Personal, personal finance, personal finances, Pet, photography, plan, planner, Planning, podcast, poverty, present, products, Purchase, quality, rate, reach, Rent, rental, Rentals, Research, retirement, retirement plan, Retirement Planning, retirement savings, Review, room, Salary, savings, science, search, SEC, security, Sell, selling, short, short-term rental, short-term rentals, Side, Side Hustle, Side Hustles, single, smart, social, social security, south dakota, Spending, state tax, state taxes, states, students, tax, tax deductions, tax time, taxes, Tennessee, texas, The Wall Street Journal, time, tips, title, Transportation, trust, Twitter, Uber, unique, utilities, vacation, variable, Video, virtual, virtual assistant, walking, wall, Wall Street, washington, wealth, wealth management, Websites, will, woman, work, workers, working, youtube

What to Do If Your Bank Fails – 4-Step Checklist

March 17, 2023 by Brett Tams

Do you know what to do if your bank fails? The sudden implosion of Silicon Valley Bank and Signature Bank has millions of once-complacent asking this question. The truth is, banks can and do fail, often without any prior outward signs of trouble. Hundreds of banks went out of business during the savings and loan
Posted in: House Architecture Tagged: 2, action, active, agreements, All, apple, assets, ATM, author, balance, balance sheet, Bank, bank of america, Banking, banks, basic, before, Benefits, big, bills, black, bonds, borrowers, brokerage, build, business, Buy, buyer, Buying, cash back, CDs, chance, chase, checklist, choice, citibank, cnbc, color, cost, Credit, credit cards, Crisis, currency, data, Debt, deposit, depression, Direct Deposit, doors, Emergency, Emergency Fund, employer, expensive, Family, Fashion, FDIC, FDIC insurance, Fees, Finance, financial crisis, Financial Wize, FinancialWize, Free, fund, funds, gap, good, government, great, health, history, hold, hours, household, HR, Insurance, interest, interest rates, international, Joe Biden, JPMorgan Chase, Leaders, Legal, liquidity, list, loan, Loans, Local, low, Make, Media, money, More, Move, Moving, new, News, or, Other, ownership, panic, paycheck, payments, place, plan, policies, president, President Joe Biden, pressure, pretty, products, Purchase, questions, Raise, Rates, reach, reminder, right, running, safe, Saving, saving strategies, savings, Savings Accounts, securities, security, Sell, selling, sheets, short, Silicon Valley, silicon valley bank, simple, single, social, social security, Special Assessments, spouse, Strategies, Style, taxable, the balance, time, title, traditional, Travel, trust, Twitter, u.s. bank, under, update, value, Venture Capital, Websites, wells fargo, will, withdrawal, work

Mortgage rates drop to the 5% range for the first time since September – CNBC

March 17, 2023 by Brett Tams

Mortgage rates drop to the 5% range for the first time since September  CNBC

Posted in: Renting Tagged: 2, 2023, 30-year, 30-year fixed rate, average, before, bond, bond yields, builders, buyer, buyers, cnbc, color, construction, contracts, data, down payment, earnings, existing, Fall, Federal Reserve, Financial Wize, FinancialWize, fixed, fixed rate, Fixed rate mortgage, fl, Florida, graham, home, home construction, Home Sales, Homebuilders, Homebuyers, homes, house, Housing, Housing market, Inflation, interest, Jerome Powell, language, LOWER, Make, market, measure, More, Mortgage, Mortgage News, Mortgage Rates, National Association of Realtors, new, News, open house, pending home sales, percent, rate, Rates, Realtors, sales, savings, stocks, time, Treasury

Mortgage rates tumble in the wake of bank failures – CNBC

March 16, 2023 by Brett Tams
  1. Mortgage rates tumble in the wake of bank failures  CNBC
  2. Mortgage Rates Dropping in Aftermath of Bank Failures, So is Now an Optimal Time to Buy Property?  NBC San Diego
  3. Mortgage demand rises despite volatile interest rates  CNBC
Posted in: Renting Tagged: 2, 2022, 2023, 30-year, 30-year fixed mortgage, agents, All, Austin, average, Bank, Banking, Behavior, big, builders, Built, Buy, buyer, buyers, Census Bureau, cnbc, color, Consumer Price Index, contracts, Crisis, data, down payment, Economy, existing, fed, Federal funds rate, Federal Reserve, Financial Wize, FinancialWize, fixed, funds, future, graham, home, Home Sales, homes, hours, Housing, Housing market, impact, index, Inflation, interest, interest rates, Investing, Jerome Powell, jump, low, market, markets, measure, Monetary policy, More, Mortgage, Mortgage demand, Mortgage News, Mortgage Rates, National Association of Realtors, News, pending home sales, Popular, price, property, rate, Rate Hikes, Rates, Realtors, Recession, Residential, return, sales, san diego, Silicon Valley, silicon valley bank, Spring, spring housing market, stocks, texas, the fed, time, Treasury, Video

The Top 15 Highest Paying Jobs in Consumer Services

March 16, 2023 by Brett Tams

Contrary to popular opinion, you can make good money in customer service, and companies tend to promote from within. Here are 15 of the highest-paying jobs in consumer services.

The post The Top 15 Highest Paying Jobs in Consumer Services appeared first on Good Financial Cents®.

Posted in: Mortgage Tips Tagged: 2, 2021, 2022, 2023, AAMS, Accredited Asset Management Specialist, Administration, Advertising, advice, advisor, All, Amazon, Amenities, analysis, apple, Applications, author, Auto, average, Bank, bank of america, Banking, banks, before, Benefits, Blog, blue, book, Budget, Budgeting, budgets, build, building, Bureau of Labor Statistics, business, calm, Career, Career advancement, Careers, cents, chase, Clean, cnbc, collecting, color, commission, communication, company, Consumers, Convenience, coordinate, creativity, custom, customer service, data, decisions, desk, disclosure, Economy, education, Employment, entry, environment, event, experience, experts, faq, Fashion, Featured, Finance, finances, Financial Advisor, Financial Freedom, financial management, Financial Wize, FinancialWize, flight, flights, food, freedom, front, funds, General, goals, good, Google, government, green, Grow, growth, guests, health, healthcare, highest-paying jobs, Hiring, hold, home, Hospitality, hospitality industry, hotels, hourly, Illinois, impact, industry, Inquiries, international, investment, investments, job, jobs, journey, JPMorgan Chase, Law, Leaders, leadership, Learn, Life, Links, list, loan, Local, Main, Make, Make Money, Make money online, making, man, manage, market, Market Trends, Marketing, marriott, math, md, Media, Medical, money, More, motivational, Moving, needs, negotiating, new, new york, new york times, News, offer, offers, office, Operations, Opinion, opportunity, orange, organization, Other, patience, patient, payments, Personal, personal finance, personal finances, planner, Planning, podcast, Popular, poverty, pressure, Prices, products, Professionals, programs, Purchase, quality, questions, Relationships, Research, resolutions, restaurant, retirement, Retirement Planning, returns, Revenue, Review, room, safety, salaries, Salary, sales, School, science, SEC, selling, single, Sites, social, states, statistics, Strategies, The Wall Street Journal, time, time management, title, tracking, Transportation, Travel, trends, trust, Twitter, under, united, united states, Video, wall, Wall Street, walmart, Ways to make money, wealth, wealth management, Websites, will, woman, women, work, work from home, working, youtube
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