One big factor that helped numerous homeowners save money is ultimately hurting homebuyers. Call it the interest rate trap.
Years of historically low rates, especially in the last two years, have helped millions of homeowners refinance into mortgages with rates between 2% and 4%, lowering their monthly payment by hundreds...
Jacksonville City Councilman Danny Becton has filed a resolution that he says will help taxpayers save money.
Resolution 2022-276, filed last week, requests that Mayor Lenny Curry submit a budget for Fiscal Year 2022/2023 with a rolled-back millage rate for ad valorem taxes, which generally means property taxes.
Simply put, Becton...
The average interest rate for a 30-year mortgage in the U.S. edged up again this week, reaching a level not seen in more than three years.
Mortgage buyer Freddie Mac said Thursday that the average rate on...
PITTSBURGH (KDKA) — The latest consumer price index shows the average cost of goods has risen about 8% since February of last year.
And according to a recent survey from Mood Analytics, the surge is costing the...
The House of Representatives passed a new bill last week that could change the way Americans save for retirement.
The House passed H.R. 2954, the Secure Act 2.0, in a bipartisan vote of 414 to five on...
Every day in the U.S., more than 10,000 people retire. That’s right, every single day, 10,000 people leave their careers for their next phase of life. Planning is a big part of preparing for your next act, which could easily be...
It's a common misconception that introverts are unfriendly people who lack social skills. Rather, being social often exhausts introverts, whereas extroverts thrive on human contact. And many introverts simply prefer to work and do other things alone -- nothing personal.
If you're an introvert and have been working remotely during...
Divorce is stressful and complicated and hurts on so many emotional and financial levels. It becomes even more complex when you throw in the additional financial stress of student loans — whether they are loans the spouses took out for their own education or for a child’s college. It...
Saving for retirement is an important financial task.
But what should workers do if they don’t have access to a sponsored plan, such as a 401(k), through their employer?
In 2021, 28% of workers in private industry and state and local government didn’t have an employer-sponsored retirement plan, according to the...
During your working years, your largest income stream is generally from employment. When you retire, however, your income will likely need to come from a variety of sources, such as retirement accounts, after-tax investments, Social Security, pensions or even continued part-time work.
For those looking to create a retirement income...