Tag Archive for: mortgage refinancing

Should You Tap Home Equity To Pay Your Bills?

Some people may be tempted to use the equity they have built in their home to eliminate the outstanding debt. But is that a good idea? Before making such a move, it is important to understand the pros and cons of using home equity.

Near-Zero Fed Interest Rate Offers Opportunities

The Federal Reserve rate is extremely important to how the bank, as well as the rest of the world, does business. And to get the economy going, the Fed wanted to make borrowing money cheaper. To find out who can benefit from the near-zero Fed rate, CLICK ON THE HEADLINE

Here’s A Silver Lining To Coronavirus, And It Could Put Money In Your Pocket

The burning desire to redo mortgages had already been high since the first of the year, as falling interest rates moved them to revise their repayment terms — downward. Now, the Federal Reserve just announced an emergency interest rate cut designed to curb the economic damage from the burgeoning coronavirus. CLICK ON THE HEADLINE FOR MORE

How Your Money Might Be Affected If The Fed Cuts Interest Rates

How would a rate cut — the first since 2008 — impact the average consumer? While it’s hard to predict, generally, a rate cut is good for borrowers, bad for savers, and mixed for investors. CLICK ON THE HEADLINE FOR MORE

20 Ways To Improve Your Finances In Under 20 Minutes

Many smart financial steps are simple and take just a few minutes. Here are 20 ideas that can be done in under 20 minutes to help you get started. CLICK ON THE HEADLINE FOR MORE