Cash News When it comes to first-time home buyer programs, New York has a lot to offer. That is welcome news for first-time home buyers as housing prices continue to stretch affordability in the state. Follow along to learn more about the New York first-time home buyer programs that can help you achieve your dream […]
Cash News One of the benefits of serving your country as a member of the U.S. military is gaining access to VA direct and VA-backed home loans. These loans offer veterans, service members, and their survivors access to low-cost VA home loans. These loans do not require a down payment or mortgage insurance and have […]
Cash News Realizing you can’t pay your taxes can be especially stressful, but it’s a problem many Americans face. About 18.6 million individual taxpayers owed the IRS a collective $360 billion in back taxes as of 2022. Fortunately, you have options for dealing with a tax bill you can’t pay. To minimize penalties and interest, […]
Cash News When you apply for a mortgage, one way your lender will assess your financial capacity to afford your loan is to calculate your debt-to-income ratio or DTI. Your DTI compares your total gross monthly income to your total monthly debt payments. Different lenders and loan programs have varying DTI requirements. It’s also important […]
Cash News Two multi-state lotteries are simultaneously boasting massive jackpots. After 30 drawings without a win, the Mega Millions jackpot stands at $1.1 billion, and the Powerball prize is worth an estimated $865 million. The odds of winning a lottery jackpot are slim — 1 in 292.2 million for Powerball and 1 in 302 million […]
Cash News Two of the biggest names in banking — Capital One and Discover — made headlines recently after Capital One announced its plans to acquire Discover in a transaction valued at $35.3 billion. The merger of these two institutions would represent one of the biggest banking deals of the past 15 years, a move […]
Cash News When it comes to first-time home buyer grants, Florida has you covered. If you’re looking to buy your first home in the Sunshine State, there are resources available to help you get over the hurdle that a down payment and closing costs can present. But first, you need to know how these grants […]
Cash News Are you interested in earning a higher rate on your savings but nervous about locking in a rate with a certificate of deposit (CD)? With interest rates constantly fluctuating, you have good reason to hesitate. Since early 2021, CD rates have skyrocketed, with the average rate for 6-month CDs jumping from just 0.9% […]
Cash News The (FDIC) and the (NCUA) insure deposits at banks and credit unions, respectively. Both provide insurance of up to $250,000 per depositor, per insured institution, for each account ownership category. This means that if you have accounts in different ownership categories (such as individual, joint, and retirement accounts), each category is insured up […]
Cash News The average 30-year mortgage rate has risen for the third week in a row, according to Freddie Mac. These have been minor increases, but it can still feel disheartening for aspiring home buyers who expected rates to go down in 2024. Higher inflation numbers are keeping mortgage rates high for now. For the […]