Personal Financial Advice from a former Certified Financial Planner
One of the most frustrating things during my years as a financial planner was the number of people who insisted on paying their mortgage off early or adding extra principal to their mortgage payments and then, years later (or not) wanting to know the best way to take equity out …
In March, the government began offering options to help benefit borrowers with student loans during the Covid pandemic. The Covid student loan benefits were to stop collecting on student loans, to charge 0% interest rates on student loans, and to suspend student loan payments. Basically, you could turn off paying …
Mortgage rates have ticked up in the this month. Despite stories saying that rates have “jumped” the rise has been rather tepid, and still hasn’t taken rates back to their post election highs in the 4.25% range. Rates had peaked back in January when some analysts still suspected that Crazy …
When considering refinancing your home mortgage, the first step is to get all of the details on what you have now. Sure, you have vague numbers in your head, but that won’t help you answer all of the loan application questions, or make a real hard-numbers based calculation about the …
It was with much fanfare last month that Congress and the Obama administration passed laws putting into effect government programs to help American homeowners with their mortgages. Both The Emergency Economic Stabilization Act, and The American Recovery and Reinvestment Act were front page news all over the country. A lot …
Ok, it’s time to look at refinancing the old homestead’s mortgage. I’ve been putting it off because of holidays and the fact that rates can still go lower even though the Fed recently cut rates to zero. Now, it’s time to take a serious look at refinancing and how it …