Mortgages fast approaching 5 percent, a fresh blow to housing market Mortgage rates hit their highest level in more than seven years this week at nearly 5%, a level that could deter many home buyers and represents another setback for the slumping housing market. The average rate for a 30-year fixed-rate mortgage rose to 4.9%—the … Continue reading Ready for the Rate Hikes?
~ Don't dip into your Retirement to buy or sell your house, word of advice ~ Almost 70% of millennials regret buying their homes. Here's why Megan Leonhardt | @Megan_Leonhardt 6 Hours Ago CNBC.com Mint Images | Getty Images Millennials aren’t exactly jumping for joy after purchasing their homes. About four in 10 millennials are … Continue reading 3 Tips to avoid homebuying regrets
When a $1 million retirement nest egg isn't enough A $1 million nest egg has long been considered the benchmark for a secure retirement. Sadly, these days, it's only a fraction of what you will really need. For instance, a 67-year-old baby boomer retiring now with $1 million in the bank will generate $40,000 to … Continue reading When a $1 million retirement nest egg isn’t enough
~what a great way to start the new year~ 6 Steps to Improve Your Financial Situation (in a Way That Actually Lasts!) “Where did the money go?” My wife’s words lingered. I didn’t have an answer. Several months earlier we had received a very generous gift of $10,000 from a family member. Now it was gone. … Continue reading 6 Steps to Improve Your Financial Situation (in a Way That Actually Lasts!)
~ Hope some of these tips help you ~ How to survive when life gets pricey Multiple kids in preschool, a new house with rooms to fill, friends all getting married or turning 50—there are whole life stages when your expenses feel insurmountable. Don’t charge them. Instead, follow these money-stretching strategies so you can enjoy … Continue reading How to survive when life gets pricey
Property Tax Deduction | Home Mortgage Tax Deductions | HouseLogic Are You Getting the Home Tax Deductions You’re Entitled To? Here are the tax tips you need to get a jump on your returns. Sponsored by TopicYour Money, Finances & Taxes, Taxes, Tax Deductions Print article Owning a home can pay off at tax … Continue reading Are You Getting the Home Tax Deductions You’re Entitled To?
Will My Taxes Look Different Now That I’m a Homeowner? Magic 8 ball says yes. Here’s what to know to itemize tax deductions as a homeowner. TopicYour Money, Finances & Taxes, Taxes, Tax Credits, Tax Deductions Print article Taxes? Gross! Who wants to think about government paperwork, especially when your hand still aches from … Continue reading Will My Taxes Look Different Now That I’m a Homeowner?
How You May Be Overpaying Hundreds of Dollars on Your Mortgage You can get rid of your PMI sooner than your lender will do it automatically. If you put less than 20% down when you bought your house and used a conventional mortgage, you probably pay private mortgage insurance, or PMI, on the loan. … Continue reading How You May Be Overpaying Hundreds of Dollars on Your Mortgage
From USNews 5/7/15 A couple of months ago, BuzzFeed produced a video called "Adult Things You Didn't Learn in College," in which college seniors were quizzed about financial terms, such as IRAs, credit scores and 401(k)s. While the seniors initially said college had prepared them for the real world, the video showed that many … Continue reading Money tips I wish I knew when I graduated