Cash News Sometimes, you may need to send money electronically, especially when sending cash or a check is inconvenient. In these cases, wire transfers provide a safe and secure way to send money domestically or abroad. While wire transfers have advantages, there are usually fees for sending money this way. Additionally, alternatives available today can […]
Cash News For veterans or active-duty service members buying a home, VA home loans offer the opportunity to become a homeowner with little to no down payment. However, you may have to pay an extra charge called a VA funding fee either as part of your closing costs or by rolling it into the loan […]
Cash News Mortgage rates finally decreased this week, partly in response to the Bureau of Labor Statistics’ most recent jobs report. The April report showed that the United States added 175,000 new jobs last month and the unemployment rate rose to 3.9%. According to Bloomberg data, economists had predicted 240,000 more jobs and for unemployment […]
Cash News The home appraisal is a crucial step in buying a house. The appraisal report is created by an unbiased, independent third party as an assessment of the property’s financial value. Here’s what you need to know about how home appraisals work and how much you can expect to pay for one. This way, […]
Cash News If you’re looking to supercharge your savings, a high-yield savings account could provide a competitive return to help your balance grow faster. However, not all banks offer high rates, which is why it’s important to shop around and find the most competitive savings interest rates available. Read on to learn more about where […]
Cash News If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about CD rates today and where to find high-yield CDs with […]
Cash News Fixed mortgage rates are finally falling, and we might have inflation to thank for the second consecutive week of decreases. Yesterday, the U.S. Bureau of Labor Statistics released the April Consumer Price Index (CPI). The report showed that inflation rose 0.3% month over month and 3.4% since last April. This is an improvement […]
Cash News Buying and owning a house always involves some risk, so several types of insurance policies are available to help you mitigate it. You’ve probably heard of , which protects your residence and belongings under set circumstances, and , which protects your lender if you fail to repay your home loan. However, you may […]
Cash News Private mortgage insurance (PMI) is a type of mortgage insurance for conventional loans that protects the lender in case you default on your mortgage. Home buyers who make a down payment of less than 20% will be required to purchase PMI as a condition of the loan. Requiring PMI allows lenders to offer […]
Cash News Banks offer several financial products and services to both consumers and businesses. But as for-profit organizations, banks are in the business of making money. So, how do banks make money? Ultimately, it depends on the types of products and services they offer. But in general, it’s through various fees and interest charges. If […]