How much does mortgage refinancing cost?
By Liz Alterman
Will the savings outweigh the expense? That depends. (iStock)
Refinancing your mortgage allows you to pay off your current mortgage by taking out a new loan. Many homeowners refinance to lock in a lower interest rate, change the terms of their loan or take cash out to use for other purposes like home improvements, or to save money.
While
mortgage refinancing interest rates dipped to record lows amid the economic downturn caused by the coronavirus pandemic, they’re inching higher. For homeowners who’ve been thinking about refinancing, now may be the best time to do it.
Have bad credit? Here s what you can do to help fix it
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Have bad credit? Here s what you can do to help fix it
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How should I invest future stimulus checks?
By Brian O Connell article
With cash on the way in the form of pandemic-related stimulus checks, many Americans face a tough question – what to do with the money? (iStock)
With a new $1.9 trillion coronavirus relief bill calling for a third stimulus check of $1,400 for millions of Americans, qualified individuals and households are eagerly awaiting its rollout. That relief comes on the heels of a $900 billion coronavirus stimulus bill passed in December 2020, which included $600 stimulus payment aid and additional unemployment relief.
Many aspects of personal finance may top of mind for many Americans as they expect their third stimulus check, it may be worth contemplating some best strategies to invest your stimulus check. Here are some recommendations from financial experts, including exploring a high-yield savings account (you can visit Credible to see your options).