Buying a Home in California Just Got Easier with Two New Programs – Do You Qualify?

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

Stock Markets Rally on Fed’s Rate Hike – Which Stocks Might Do Best Under Higher Interest Rates?

jetcityimage / 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

What Does This Period of Inflation Mean For the Future of the Stock Market?

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

Lendgo Review 2022: How Does This Free Service Stack Up?

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

Student Loan Survey: Here’s What Borrowers Will Cut From Their Budgets When Payments Resume

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

Nearly 75% of Americans are confused about the cost of closing, pre-approval, or other home buying steps: Here’s a useful cheat sheet

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

Varo vs. Chime: Which is better in 2022?

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