Q: My wife and I own our home in Florida. We paid a bit over $300,000 early last year for the property. The home was newly built when we bought it, but prices are rising quickly in our area and it’s now worth around $350,000.
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell sharply last week in a sign that layoffs may have eased, though applications for aid remain at a historically high level.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
If you’ve ever thought about investing in rental property, now may be a good time.
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of why you probably want to file your taxes sooner…
During the regular meeting Monday night, the Chadron City Council approved the issuance of general obligation refunding bonds in the principal…
With interest rates lower than they’ve been in years, many consumers are looking to buy a home or refinance their student loans. So, is there any reason why you can’t do both?
To end up with the right card in your wallet, it's important to steer clear of predatory options. Here are five red flags to look out for.
Q: Three years ago, my son purchased a house. I am the lender for his mortgage. Last year, unable to resist a low interest rate, I took out a bank mortgage on my own home. Both my son and I pay about $6,000 in interest annually. So, effectively, $6,000 passes into and out of my hands.
Getting a debt consolidation loan or using a balance transfer credit card can make sense if it lowers your annual percentage rate. But refinancing debt has pros and cons — even at a lower rate.
When saving money toward different financial goals, it’s important to consider where to keep it.
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of why you probably want to file your taxes sooner…
February mortgage rates forecast The average rate on the 30-year fixed-rate mortgage went up in January, after falling seven months in a row. But don’t fret. The story is more…
Once you've opened an account, you'll want to explore your investment options and the risk they carry. Here are some of the most common investments you'll need to consider:
If you find yourself with more financial flexibility due to the student loan payment pause, here’s how you can make the most of it.
Though the year is well underway, it’s never too late to set new goals. Check out these resolutions for getting your bank accounts in order in 2021.
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of NerdWallet’s Best-Of Awards, which list the best financial products…
It’s safe to say that 2020 will go down in history like a year no other. Even, or perhaps especially, in real estate.
It’s the Coke vs. Pepsi debate of personal finance. When you have extra money at the end of the month, should you pay down debt or bulk up your retirement savings?
Here’s a guess: There aren’t many of us who’d care to redo 2020. COVID-19, the novel coronavirus, changed everything, killing more than 365,000 Americans (as of this writing in early January) and taking the economy on an even wilder ride than the Great Recession, just a decade ago.
January mortgage rates forecast The year begins with mortgage rates near historically low levels, with the 30-year fixed-rate mortgage averaging under 3%. Rates will remain low in January. Today’s mortgage…
Q: We borrowed $355,900 in 2007 for a 30-year fixed mortgage at 6.25% and still owe $230,000. My wife is retired, and I plan on retiring in May 2023. Normally, we wouldn't even bother with refinancing this close to selling the house; but the rates now are so low that we’re thinking refinancing might make sense. Any thoughts on whether it would be OK to refinance, or just leave it alone this close to retirement and selling the house?
If you’ve served in the military, a mortgage backed by the U.S. Department of Veterans Affairs may be your ticket to home ownership. VA loans don’t require a minimum down…
While you’ve been preoccupied with a plague and politics, mortgage rates have been falling and refinances have been booming. And the boom has a lot of room to expand. Almost…
Q: Is it possible for you to refer me to a mortgage lender? I’m a single woman who would like to refinance the condominium I’ve lived in for the past 15 years. I have excellent credit. My monthly income seems to be a little shy of what lenders are looking for, by about $200 per month. My mortgage payment history is excellent.
