5 Types of Mortgage Loans
If you’re like most people, you’ll need to take out a mortgage to buy a home. According to the US Census Bureau, 94% of people who bought a home in …
5 Types of Mortgage Loans Read MoreNews
What Is a Stock Market Quote?
Key Takeaways A stock quote shows the current price of a stock based on recent activity on its exchange. It also includes a wide range of additional information to help …
What Is a Stock Market Quote? Read MoreToday’s Mortgage Rates & Trends, May 9, 2022
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 …
Today’s Mortgage Rates & Trends, May 9, 2022 Read MoreWhat It Means for a Stock to Be Overweight
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 …
What It Means for a Stock to Be Overweight Read MoreBest Ways To Use a HELOC
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 …
Best Ways To Use a HELOC Read MoreWhat Is Current Cash Value?
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. …
What Is Current Cash Value? Read MoreIs a Reverse Mortgage a Ripoff?
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 …
Is a Reverse Mortgage a Ripoff? Read MoreWhat Is an Enhanced Life Estate Deed?
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 …
What Is an Enhanced Life Estate Deed? Read MoreWhat Is Tax-Loss Harvesting?
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 …
What Is Tax-Loss Harvesting? Read MoreWhat Is the Fair Housing Act?
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 …
What Is the Fair Housing Act? Read More