Category: Financing

Will Mortgage Rates Drop Below 7% Again This Year?

April 12th, 2024
As the economic landscape shifts with rising inflation, prospective homeowners and current borrowers are facing a new challenge: mortgage rates nearing the 7% mark. This significant increase is a reflection of the broader economic conditions, particularly the inflation rate that …Read more  »

How To Improve Your FICO Credit Score: A Guide

March 31st, 2024
Improving your FICO® credit score is a gradual process that demands patience and diligent financial management. These scores are a crucial measure of your creditworthiness, playing a significant role in determining the terms of loans, mortgages, and credit cards you …Read more  »

How to Calculate Market Value of Property?

March 31st, 2024
When a real estate housing market crashes, there are so many foreclosure and bank REO sales, that figuring out the real value of a property can be difficult. When there is a large supply of properties available for sale in …Read more  »

Is Disability Income Taxable: All You Need to Know in 2024

February 20th, 2024
Disability income is a critical source of financial support for individuals who are unable to work due to an illness, injury, or other disability. However, you may be unsure about whether your disability income is subject to taxation by the …Read more  »

Why Did Citizens Bank in Iowa Collapse?

February 20th, 2024
The trucking industry in the United States has faced immense challenges over the past two years. Companies, both large and small, have gone out of business, and the competition for freight has driven rates to historically low levels. Brokerages have …Read more  »

What Makes You Financially Happy: Secret for Couples

February 19th, 2024
We are all too familiar with the sobering statistics on marriage.  Around 50% of marriages end in divorce, and oftentimes the root of all that unhappiness is money. But there’s some good news on the horizon.  According to a  study by …Read more  »

1031 Exchange Rules 2024: How To Do A 1031 Exchange?

February 18th, 2024
Are you a real estate investor looking to defer taxes on the sale of your property? A 1031 exchange might be the solution for you! In this guide, we'll go over the 1031 exchange rules for 2024 and how you …Read more  »

Bank Insurance: How Does FDIC Deposit Insurance Work?

February 17th, 2024
When it comes to banking, safety or deposit insurance is a top concern for depositors. The Federal Deposit Insurance Corporation (FDIC) was created to help ensure that depositors’ funds are protected in the event of bank failures. Depositing money in …Read more  »

Should Fed Raise Interest Rates in December 2023?

November 27th, 2023
The Federal Reserve, or the Fed, is the central bank of the United States. It has the power to influence the economy by setting the target range for the federal funds rate, which is the interest rate that banks charge …Read more  »
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