csfotoimages / Getty Images The state of California recently rolled out a pair of programs designed to help residents buy new homes or stay in their current ones, one of which provides forgivable loans to buyers for up to 10% of the purchase price. See: 10 Kitchen Renovations That Will Hurt Your Home’s ValueFind: Unplug … Read more
jetcityimage / iStock.com The Federal Reserve’s move on May 4 to raise its benchmark interest rate by a half-percentage point was greeted with wild applause on Wall Street, with stocks rising sharply on the hope that the hike can tame inflation while also helping the US avoid a recession. Discover: 27 Ugly Truths About RetirementMore: … Read more
Money / Financial Planning Kativ / Getty Images You may think that most millionaires are celebrities or technology magnates, but many of the wealthiest people – roughly 20 million in the US alone – are regular people. Few know how to increase their incomes rapidly enough to amass that kind of net worth, but it … Read more
Lazy_Bear / Getty Images / iStockphoto In early 2022, inflation has been nothing short of runaway, reaching levels not seen since the 1980s. In large part because of these inflationary readings, which reached 8.5% in March, the stock market has sold off dramatically, with the S&P 500 off to its worst start to a year … Read more
Pictac / Getty Images / iStockphoto A home equity loan is money you take out against the value of your home to use as you wish. Most people borrow against their home for renovations or to put their children through college, but the loan can really be used for anything you want. See: With Home … Read more
GOBankingRates Score Quick Take: Lendgo is a new-home mortgage, refinancing and VA loan aggregate service. Applicants fill out an online questionnaire regarding the type of loan they’re looking for and lenders compete for their business. The platform is easy to use, and borrowers enjoy competitive interest rates. Applicants do not pay fees to use Lendgo. … Read more
fizkes / Getty Images / iStockphoto On Sept. 1, the federal student loan pause is set to end and 43 million Americans who were affected by the pause will start repayments. While several extensions to the payment schedule have allowed borrowers a respite during the pandemic, they are feeling the pressure of having gone 18 … Read more
PeopleImages / iStock.com The US has a highly developed and intricate banking system, and its largest financial institutions play a vital role in the country economy. That’s no surprise given that four of the largest US banks – JPMorgan Chase, Bank of America, Wells Fargo and Citibank – combined held nearly $ 9.1 trillion in … Read more
gradyreese / Getty Images Most likely, unless you have already bought a house or work in real estate, you do not feel that you know much about what it takes to buy a house. At least, that’s the rule for many Americans, according to a recent GOBankingRates survey. Explore: 7 financial habits that improve your … Read more
Brainsil / Getty Images / iStockphoto Do you manage your bank account through a mobile banking application? Varo and Chime are two online options that can help you get away from branch banking. Their web applications also make banking transactions more accessible with 24-hour availability that is not bound by branch locations. All you have … Read more