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Average 30- and 15-year mortgage rates climbed back toward their recent peaks, the latest in a series of up-and-down swings. The average on a conventional 30-year fixed mortgage rose to …

If you’ve ever read a report from an investment analyst, you may have seen stocks described as “overweight.” It can be a confusing term. Most people are used to seeing …

If you’re looking for flexible funding, you can tap into your home equity with a home equity line of credit (HELOC). A HELOC is a revolving line of credit that …

Definition and Example of Actual Cash Value Actual cash value (ACV) is how an insurance company measures a property’s worth at a given moment in time. It accounts for depreciation. …

Reverse mortgages are special types of loans that give older homeowners a way to turn their home equity into a source of income they can use during retirement. When they …

Key Takeaways An enhanced life estate deed transfers ownership of property after the owner’s death without the necessity for probate. The owner retains control of the property after the deed …

Key Takeaways Tax-loss harvesting involves offsetting capital gains with capital losses so that little or no capital gains tax comes due. Investors might intentionally sell some securities at a loss …

Definition and Example of the Fair Housing Act The Fair Housing Act is a law enacted in 1968 and has been updated several times since its inception. The law is …

You can’t get a power of attorney to act for someone after they have died, and an existing power of attorney becomes invalid upon the death of the principal—the individual …