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Bull Markets, Explained

March 19, 2023 by Brett Tams

Bull Markets, Explained

A bull market occurs when a broad market index rises at least 20% over two months or more. Bull markets signal higher levels of investor confidence and optimism about the future of the market. They are generally a sign of a strong, healthy economy. The opposite scenario, in which stock prices fall by 20% over […]

The post Bull Markets, Explained appeared first on SoFi.

Posted in: Financial Advisor, Growing Wealth, Investing Tagged: 2, 2017, active, active investing, advice, advisor, All, appreciation, asset allocation, assets, average, balance, Bank, bear market, bear markets, before, bonds, Broker, brokerage, building, bull markets, business, Buy, Buying, clear, company, covid, COVID-19, COVID-19 pandemic, Credit, Crisis, crypto, cryptocurrency, customer service, decisions, display, diversification, diversify, dividend, dividends, earnings, Economy, estate, ETFs, exchange traded funds, expenses, experts, Fall, faq, Federal Reserve, Fees, Finance, Financial advice, financial crisis, Financial Plan, Financial Wize, FinancialWize, FINRA, fund, funds, future, get started, goal, goals, good, Grow, Growing Wealth, growth, guide, healthy, Hiring, hold, How To, HR, impact, index, industrial, industry, Inflation, Invest, Investing, investing in the stock market, investment, investment returns, investment risk, investments, Investor, investors, jobs, journey, Learn, Legal, lending, LLC, loan, low, Make, manage, market, markets, Monetary policy, money, More, Move, mutual funds, natural, needs, new, offer, opportunity, or, Original, Other, pandemic, past performance, Personal, place, plan, portfolio, price, Prices, products, protect, Purchase, Rates, Real Estate, real estate market, rebalancing, Recession, returns, right, rise, risk, save, Save Money, SEC, securities, Sell, selling, shares, short, single, social, sofi, Spending, stage, stock, stock market, stocks, Strategies, Style, tax, Terminology, The Stock Market, time, timing, tips, trading, traditional, trend, Unemployment, value, volatility, wealth, will

Blend focuses on tech, cost reduction as it reports $769M loss

March 18, 2023 by Brett Tams
Blend focuses on tech, cost reduction as it reports $769M loss

Blend Labs is focused on cutting costs and courting more users to its Blend Builder platform after posting a $768.6 million net loss in 2022. 

Posted in: Mortgage, Refinance Tagged: 2, 2021, 2022, 2023, agents, All, Applications, Bank, Banking, betting, Blend, build, builder, Built, business, california, company, Consumer banking, cost, Credit, credit cards, cutting costs, Debt, driving, earnings, Earnings call, equity, expectations, expenses, Financial Services, Financial Wize, FinancialWize, Forecast, future, goal, home, home equity, Housing, improvement, Income, industry, jobs, lenders, line of credit, liquidity, loan, Loans, LOS, low, LOWER, Make, market, marketable securities, More, Mortgage, mortgage applications, Mortgage Rates, new, Nima Ghamsari, Online Banking, or, Origination, Originations, Personal, Personal Loans, products, Rates, Refinance, Relationships, Revenue, securities, single, Software, suite, Technology, time, timing, title, trend, u.s. bank, volume, Websites, wells fargo, white, will, working

FHFA delays implementation of LLPA DTI fees

March 16, 2023 by Brett Tams

The FHFA announced that it would delay the implementation of a controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income ratios.

Posted in: Mortgage, Refinance Tagged: 2021, 2023, actual, affordability, All, before, big, Bob Broeksmit, borrowers, Cash-Out Refinance, Community Home Lenders Association, Credit, credit scores, Debt, debt-to-income, Down payments, DTI, Fannie Mae, Fannie Mae and Freddie Mac, Federal Housing Finance Agency, Fees, FHFA, fico, Finance, Financial Wize, FinancialWize, First-time Homebuyers, Freddie Mac, home, Homebuyers, homebuying, Housing, housing finance, Housing market, IMBs, Income, industry, investors, lenders, loan, Loans, low, LOWER, Make, making, market, MBA, More, Mortgage, Mortgage Bankers Association, National Association of Realtors, new, no fee, Other, payments, president, price, Purchase, Purchase loans, Rates, Realtors, Refinance, Regulatory, right, Sandra Thompson, time, timeline, timing, wealth, will

Mortgage Rates Down Big, But Lagging Other Indicators – Mortgage News Daily

March 14, 2023 by Brett Tams

Mortgage Rates Down Big, But Lagging Other Indicators  Mortgage News Daily

Posted in: Renting Tagged: 2, 2023, All, assets, average, Bank, Banking, before, big, calm, color, Crisis, expectations, facebook, FDIC, fed, fed rate, financial crisis, Financial Wize, FinancialWize, gap, good, history, household, Inflation, interest, interest rate, interest rates, Learn, lenders, loan, loan programs, LOWER, market, markets, More, Mortgage, Mortgage News, Mortgage Rates, Move, News, Other, panic, plan, policies, programs, questions, rate, Rate Hikes, Rates, Recession, right, risk, Silicon Valley, silicon valley bank, svb, the fed, time, timing, Treasury, washington, working

Smart Money: How COVID-19 Changed Our Finances — and Our Advice

March 13, 2023 by Brett Tams

NerdWallet writers discuss how COVID-19 changed the way we manage and talk about money in this roundtable episode of the Smart Money podcast.

Posted in: Moving Guide, Personal Finance Tagged: 2, 2017, 2021, 2022, 2023, 30-year, 30-year mortgage, accommodations, advice, affordable, All, Amazon, Amenities, Apps, ask, assets, at home, Bank, basic, basics, bedroom, before, Behavior, Benefits, bidding, bidding wars, big, Blog, boring, brokerage, brokers, build, Bureau of Labor Statistics, business, Buy, buy a house, buyer, buyers, Buying, Buying a Home, car, Cities, Closet, commissions, commute, cost, country, couple, covid, COVID-19, COVID-19 pandemic, crash, Crisis, crowds, currency, data, decisions, design, desk, discover, doors, Dorm Room, down payment, earning, Economy, Emergency, Emergency Fund, entertaining, Entertainment, ETFs, eviction, evictions, existing, existing home prices, expenses, expensive, experience, Extra Money, Fall, Family, fed, Federal Reserve, Finance, finances, Financial advice, Financial Wize, FinancialWize, fixed, floor, Florida, foreclosure, Foreclosures, foundation, Free, front, fund, funds, funny, future, gardening, Gen Z, General, good, government, great, groceries, growth, habits, health, hindsight, hold, home, home buyers, home office, home offices, home prices, homeowners, homeownership, homes, homes for sale, hot, house, Housing, housing boom, Housing market, How To, impact, Income, index, index funds, industry, Inflation, inherited, inspections, interest, interest rate, interest rates, inventory, Investing, investment, investments, investors, job, job market, jobs, journey, jump, kids, labor market, Land, landlords, landscaping, Layoffs, Learn, learned, lessons, Life, Lifestyle, Live, low, Low inventory, LOWER, Make, making, man, manage, market, markets, Media, memories, millennials, mobile, money, More, more money, Mortgage, Mortgage Rates, mountains, Move, movies, Moving, Music, needs, nerdwallet, new, News, north carolina, offer, office, Offices, open concept, opportunity, Other, pandemic, panic, parents, patience, patterns, paycheck, payments, peace, percent, Personal, personal finance, place, plan, plans, podcast, points, predictions, president, President Biden, pretty, price, Prices, questions, quiet, rate, Rates, ready, Recession, reddit, Refinance, Refund, Rent, renter, renting, restaurants, retirement, retirement accounts, retirement funds, Review, reward, right, room, rural, sales, save, Saving, saving rate, savings, Savings Account, securities, Sell, selling, shopping, short, shortage, shutdown, smart, Smart Money, space, Spending, spending habits, Spring, stage, states, statistics, stimulus, stock, stock market, stocks, stories, Strategies, suburbs, tax, tax refund, texas, thankful, the fed, The Stock Market, the west, time, timing, timing the market, town, trading, traditional, Travel, trends, tv, TV Shows, Unemployment, unemployment rate, value, volatility, wages, washing, washington, weather, West Coast, will, work, workers, working, wrong, young, young adults

What Is the Average Stock Market Return?

March 13, 2023 by Brett Tams

S&P 500 Historical Annual Returns

Wondering how much you’ll gain by investing in stocks? It helps to look at the average stock market return for the last 10, 20, and 30 years.

The post What Is the Average Stock Market Return? appeared first on SoFi.

Posted in: Financial Advisor, Growing Wealth, Investing Tagged: 2, 2017, 2021, 2022, 30-year, active, active investing, advice, advisor, All, Amazon, app, apple, assets, average, bad credit, Bailout, Bank, banks, beat the market, before, big, Broker, brokerage, bubble, building, business, Buy, calm, chance, choice, Choices, clear, color, commissions, commodities, construction, consumer debt, Consumers, Convenience, cost, covid, crash, Credit, Crisis, crypto, cryptocurrency, data, dating, Debt, decades, decisions, dell, display, dividend, earnings, Economy, Employment, ETFs, Europe, expense, experience, Fall, fed, Finance, Financial advice, financial crisis, Financial Wize, FinancialWize, FINRA, fractional, fund, funds, future, Giving, goals, good, Growing Wealth, growth, helpful, historical, hold, homes, Housing, housing prices, How To, HR, impact, Income, index, industrial, Inflation, interest, interest rates, Invest, InvestHL, Investing, InvestLL, investment, investments, Investor, investors, InvestZ, IPO, IRA, Learn, Legal, lenders, lending, LLC, loan, Loans, low, LOWER, Make, making, manufacturing, market, markets, measure, meta, money, More, most popular, needs, News, offer, one year, opportunity, Other, pandemic, panic, past performance, plans, Popular, portfolio, predictions, price, Prices, probability, products, Promotion, rate, Rates, return, returns, right, rise, risk, SEC, securities, Sell, selling, shares, simple, social, sofi, states, stock, stock market, stock market returns, stocks, Strategies, Style, Technology, the fed, The Stock Market, time, timing, timing the market, title, trading, trend, ukraine, united, united states, Video, volatility, war, waves, wealth, will, wrong, youtube

ChexSystems: Have You Been Denied a Bank Account?

March 12, 2023 by Brett Tams

What is ChexSystems & how does is work? You still have several options even if you’ve been blacklisted and denied a checking account.
Posted in: Credit 101 Tagged: 2, 2017, 2023, All, app, ATM, balance, Bank, bank account, bank accounts, Banking, banks, before, Bill Pay, bonus, builder, business, chance, chase, Checking Account, Checking Accounts, Chime, choice, color, commission, company, Credit, Credit Bureaus, credit card, credit history, Credit Report, Credit Reporting, Credit Reports, credit score, credit union, Credit unions, data, Debit Card, debit cards, decisions, Denied Credit, deposit, Direct Deposit, disclosure, Encompass, Equifax, experian, FCRA, FDIC, Fees, Financial Wize, FinancialWize, fraud, Free, Fresh start, funds, future, gray, guide, history, How To, identity theft, Income, list, maintenance, Make, md, mn, money, More, new, offer, Online Bill Pay, Other, overdraft fees, paycheck, payments, place, policies, poor, Popular, prepaid debit card, prepaid debit cards, protection, Refund, Review, rich, risk, save, savings, Savings Account, Savings Accounts, second, short, Spending, states, Style, suite, Technology, theft, time, timing, tracking, Transaction, TransUnion, update, US Bank, visa, white, will, withdrawal, work

2023 IRS Tax Refund Dates and Deadlines

March 12, 2023 by Brett Tams

2022 IRS Tax Refund Dates and Deadlines

According to the IRS, approximately 90% of tax refunds are issued in under 21 days. However, some tax returns require more attention, which can lengthen the process and push back your tax refund date. The deadline for filing 2022 taxes is Tuesday April 18, 2023. If you request an extension, the deadline is Monday October […]

The post 2023 IRS Tax Refund Dates and Deadlines appeared first on SoFi.

Posted in: Financial Advisor Tagged: 1099, 2022, 2023, accountant, advice, advisor, agent, All, analysis, app, ask, Bank, before, Budget, budget planner, Budgeting & Goals, Choices, clear, cost, Credit, credit score, credits, data, Debt, deposit, dining, dining out, Direct Deposit, display, Emergency, Emergency Fund, existing, faq, finances, financial independence, Financial Wize, FinancialWize, Free, fund, General, government, hold, Holidays, hours, house, How To, HR, Income, income tax, Income Taxes, Investing, InvestZ, irs, Learn, Legal, Links, Live, loan, Make, manage, Media, mistake, Mistakes, money, MoneyGen, MoneyUn, More, Mortgage, needs, offers, organization, party, Paying Down Debt, payments, plan, planner, Popular, Refund, relay, return, returns, Saving, sofi, Software, spouse, student, student loan, Style, take control of your finances, tax, tax credit, tax credits, tax refund, tax refunds, tax returns, tax season, taxes, TAXUPD, time, timing, title, tracking, TransUnion, under, updates, vacation, wants, Websites, will, wrong, youtube

Guild reports improved profits for 2022, affirms appetite for M&As

March 10, 2023 by Brett Tams

Guild Mortgage posted a higher profit in 2022, led by increased purchase mortgage market share, and made it clear that the company wants to acquire other lenders.

Posted in: Mortgage, Refinance Tagged: 2, 2021, 2022, 2023, acquisition, acquisitions, Arizona, balance, balance sheet, borrowing, business, buyer, california, clear, Colorado, company, cost, Credit, earnings, Earnings call, environment, expenses, Finance, Financial Wize, FinancialWize, growth, Guild, Guild Mortgage, Income, industry, interest, interest rates, inventory, Invest, IPO / M&A, legacy, lenders, leverage, limited inventory, liquidity, loan, loan officers, Loan origination, Loans, low, LOWER, M&A, man, manage, market, MBA, model, More, Mortgage, Mortgage Bankers Association, mortgage market, mortgage servicing, Mortgages, MSR, net income, new, NMLS, Origination, Originations, Other, points, president, pressure, Purchase, purchase market, Purchase mortgage market, Rates, returns, Revenue, sales, savings, second, Servicing, targeting, texas, time, timing, volume, wants, weather, will, Wisconsin

Heads up: You may have to reverify your identity to use Clear every 5 years – The Points Guy

March 10, 2023 by Brett Tams

You should be prepared to reverify your identity at a Clear kiosk around the five-year mark.
Posted in: Apartment Safety Tagged: 2, 2017, 2021, 2022, 2023, 429, 457, active, actual, Administration, agent, Automate, before, black, choice, clear, College, college students, color, Credit, credit card, credit cards, data, dca, efficient, Electronics, entry, experience, facebook, Fall, Family, Financial Wize, FinancialWize, Free, front, government, hours, international, Make, Miami, More, News, nick, offer, one year, Other, plan, points, programs, proof, Purchase, questions, rate, Review, right, security, simple, student, students, Style, Technology, time, timeline, timing, traditional, Transportation, Travel, under, united, washington, wrong
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