How Do Interest Rates Affect the Stock Market?

What Happens When Interest Rates Fall? When the economy is slowing, the Federal Reserve cuts the federal funds rate to stimulate financial activity. A decrease in interest rates by the Fed has the opposite effect of a rate hike. Investors and economists alike view...

Is a Second Mortgage is right for you?

Is a Second Mortgage is right for you? The thought of taking out a second mortgage might sound daunting, but it doesn’t have to be. You are taking on an extra monthly payment but, under the right conditions, a second mortgage could save you money. Here are some things...

Fixed vs Variable

  Mortgage Basics: Fixed vs Variable The way a mortgage is structured merely relates to how much you have to pay each month and over how many months. There are fixed rate mortgages, which is also referred to as adjustable rate mortgages, and variable rate...

Renting vs Buying a Home

  Renting vs Buying a Home When it comes to choosing whether or not you should buy or rent a home, there are many factors that will appeal to different people. Depending on where you are in life, what the near future holds and, most importantly, your financial...
5 Secret Sources of Down Payment Money

5 Secret Sources of Down Payment Money

5 Secret Sources of Down Payment Money With the rising cost of living and housing at a high, it can be difficult to save up for a substantial amount for a down payment. The sooner you start saving though, the sooner you can stop renting and finally own a home. Many...