Money market account (MMA) and money market fund are two stable, secure, and diversified ways that short-term savers can earn higher yields on their savings. The...
The $600 unemployment supplement is due to expire next month. Both Democrat and Republican lawmakers have been having much debate about the extension of the additional...
The return of business cycles is upon us as the longest U.S. economic expansion in history has ended. The rapid decline in employment and production, due...
Mortgage lenders expediently start implementing strict mortgage borrowing standards. JPMorgan Chase announced last week that beginning April 14, 2020, new customers applying for a new mortgage...
Mortgage forbearance requests were up to nearly 2,000 percent in the second half of March. The Mortgage Banker Association (MBA) expects deferral request to keep increasing...
youThe Paycheck Protection Program (PPP) will inject liquidity into small businesses with fewer than 500 employees that the coronavirus or COVID-19 affects. PPP is part of...
Upfront mortgage insurance premium (UFMIP) and private mortgage insurance (PMI) make homeownership accessible to Americans with modest incomes. The unemployment rate is at a historic low,...
Life insurance is an integral part of holistic financial planning, but most middle-income American households either have no life insurance or are vastly underinsured. Whether you’re...
FHA loans are in demand again a decade-plus years after the Great Recession. With its low down-payment and credit score requirements, Federal Housing Administration (FHA) loans...
The U.S. mortgage rates continue to fall. The meager mortgage rates might encourage more people to buy homes. The average rate for a 30-year fixed-rate mortgage...