Cash News You’ve probably seen the statistics. Polls saying a majority of recent purchasers are suffering from home buyer’s remorse. The surveys often reveal a large number of new homeowners with regrets — nearly 80% or more. There’s no doubt that once the boxes are unpacked and you’ve settled in, you’ll notice the pitfalls that […]
Cash News There are a lot of good reasons to deposit your money into a bank account. For one, you don’t have to worry about having your paper cash lost, stolen, or burned in a fire. Perhaps a more practical reason, though, is that you earn interest on the money. Think of that interest as […]
Cash News Certificates of deposit, or CDs for short, are savings vehicles often touted as smart investments for anybody’s financial portfolio — and for good reason. CDs are a safe place to store cash and offer a guaranteed interest rate. In fact, the highest CD rates can help you beat inflation and reach your savings […]
Cash News Credit cards offer a convenient and secure way to spend your money, and paying your monthly bill on time and in full allows you to enjoy all the benefits credit cards offer without the high interest costs. But what happens if you stop paying your credit card bills? Not only will you incur […]
Cash News If getting a box of half-price cereal at the grocery store excites you, imagine buying a home at a 50% discount with a program called “Good Neighbor Next Door.” No, it’s not a scam. However, not every house on the market can be purchased through this program, and not everyone qualifies. Here’s everything […]
Cash News Many first-time home buyers cannot afford to save up the 3% to 20% down payment necessary to secure a mortgage. According to the U.S. Census Bureau and U.S. Department of Housing and Urban Development, median home prices are currently over $415,000. This means typical home buyers may need a down payment of roughly […]
Cash News It seems simple enough; you receive a check in the mail and need to cash it. You drive to the local bank branch a few miles down the road, cash the check, and use the money to pay your bills. Easy! However, that’s not the case for everyone. Approximately 12 million people live […]
Cash News offer a variety of benefits and perks, from lower fees and loan rates to competitive savings rates and relationship benefits. But taking advantage of these perks isn’t as easy as opening an account. First, you have to qualify for credit union membership. Membership eligibility requirements vary by credit union. For example, some credit […]
Cash News Basis points have a big impact on your finances, but not everyone knows what they mean or how they work. Basis points are key to understanding your interest rates on loans and credit cards, as well as how much you earn on your savings. Here’s what you should know. What are basis points? […]
Cash News Condominiums, or condos, can be popular for first-time home buyers because they require less maintenance and are often priced lower than townhouses and single-family homes. But if you plan to finance your purchase with a mortgage insured by the Federal Housing Administration — an FHA loan — you’ll need to ensure the home […]