My husband and I racked up nearly $US30,000 in credit card debt over the course of a few years. When I told my husband I thought we should sell our house and move to a cheaper apartment to clear the debt, he suggested some alternatives that would allow us to […]
My husband and I bought a house in 2017 in hopes of paying less every month for a mortgage than we were spending on rent. With private mortgage insurance and a 4.25% interest rate, though, our monthly spend was still high. This year, we were able to refinance our mortgage […]
The Federal Reserve slashed interest rates yet again on October 30, marking the third rate cut since late July. To take advantage of the low Fed funds rate, now is a good time to consider consolidating credit-card debt and refinancing student loans. Despite lower interest rates on savings accounts, it’s […]
Shares of Ocwen Financial are crashing on...
It's been a decent morning for homeowners.
The streak is over.
In his latest monthly Investment Outlook letter, PIMCO’s Bill Gross, warns that the Federal Reserve will keep it’s benchmark interest rate low for longer than the market expects. Gross looks back at what the recent uptick in rates did to the housing market: …The critical question to ask in terms […]
Rates up a point in the last month.
Everyone's talking about mortgage rates.
Should you be worried about it?