What Happens to a Home Equity Loan on Inherited Property?
admin A home equity loan is a form of debt that uses the equity, or what you’ve paid into your house, as collateral. These loans allow you to borrow against the…
Selling a House With a Reverse Mortgage
Reverse mortgages offer a way to turn your home equity into income without having to sell the property. If you take out a reverse mortgage, you don’t have to pay…
Today’s Mortgage Rates & Trends, June 8, 2022
The average 30-year mortgage rate held steady and the 15-year inched up to a new high since mid-May. The average rate offered for a conventional 30-year fixed mortgage stayed at…
What Is Deflation?
Key Takeaways Deflation occurs when the value of the dollar increases, and the cost of goods and services drops. Deflation can cause an increase in unemployment figures and wage drops.…
What Is Wealth Management?
Key Takeaways Wealth management is a kind of financial advisory service that’s generally only offered to those with high net worth. Millionaires and billionaires are the most likely to need…
What Is the Total Shareholder Return?
Key Takeaways Total shareholder return is how much money you have earned for every dollar you invest. To calculate total shareholder return, determine how much your investment is worth, and…
Will Home Prices Ease? 79% Say It’s a Bad Time To Buy
That’s how many people in the US think it’s a bad time to buy a house—the most for any month in the 12 years Fannie Mae has been polling. A…
What Is Mutual Fund Core-and-Satellite Investing?
Key Takeaways The core-and-satellite strategy involves having a single mutual fund that makes up the largest single holding in your portfolio. Satellite funds are smaller funds that are meant to…
What Is Reserve Currency?
Key Takeaways A reserve currency is a foreign currency or precious metal held in large quantities by governments and institutions. These currencies are used as a means of international payment…