Cash News If you want to buy a house but can’t qualify for a conventional or government-backed home loan, it may feel like homeownership is out of reach. Maybe you’ve recently undergone a major life change, like switching from a 9-to-5 job to self-employment, so you’re struggling to find a lender. Fortunately, alternative financing exists […]
SO BEGINS Donald Trump’s tariff roller-coaster, sure to be a stomach-churning ride for the global economy. He started his first day in office with an unexpected show of restraint: rather than slapping hefty new tariffs on other countries, he instead issued a presidential memorandum calling for a review of unfair trade practices. It seemed to […]
Donald Trump started his new presidential term with an unexpected show of restraint. Just a couple of months ago, Mr Trump had warned that he would announce hefty new levies on his first day back in the White House. Instead, he opted for a softer opening. He was set to issue a presidential memorandum, calling […]
Cash News Certificates of deposit (CDs) are a popular type of deposit account for savers looking to protect their money from market risk and inflation. CDs allow you to deposit money at a fixed interest rate for a specific period and often come with higher rates than many savings accounts. CDs are considered low-risk because […]
Cash News Before you dive into the house hunt, having a good handle on your budget is crucial — specifically, how much you can afford to pay monthly on your mortgage payment. There are several ways to gauge this, but one of the most popular strategies is called the “28/36 rule.” Here’s how the 28/36 […]
Cash News BMO Alto and Synchrony Bank are both popular online banks known for their no-fee models and competitive interest rates. So, is one better than the other? Let’s take a closer look at how BMO Alto and Synchrony’s banking products compare so you can decide if one is the right fit for your needs. […]
Cash News You’ve probably heard many times that it’s wise to save for a rainy day — but why, exactly? After all, not everyone has a ton of extra money to put away. Can’t you simply use a credit card for big purchases or unexpected expenses, then pay it off later? Although relying on a […]
Cash News Closing on a mortgage loan is no quick matter. The process usually takes a few hours on closing day and requires reviewing and signing dozens of documents and forms. One of the most important in this pile? That’d be your mortgage note. The mortgage note is a critical (and legal) document that outlines […]
Cash News American Express National Bank and Marcus by Goldman Sachs are both popular online banks, each with a competitive high-yield savings account (HYSA) option. But in an environment where interest rates are falling each day, choosing the right bank and savings account is crucial. We examined the HYSAs offered by American Express and Marcus […]
Cash News A home’s appraised value largely impacts whether a mortgage lender will approve your application for a new mortgage, home refinance, home equity loan, or home equity line of credit. So, it makes sense that the home appraisal, an assessment of how much your property is worth, should be unbiased. But what happens when […]