What Is the Blue Book?
admin Key Takeaways The Blue Book, also known as Kelley Blue Book or KBB, is a guide that provides pricing information for new and used cars, as well as specs and…
Retail Sales Rise, But Modestly, as Shoppers Step Out
Retail sales rose in February, but only very modestly, and applications for mortgages declined last week, reports showed Wednesday. Retail Sales Retail sales increased 0.3% between January and February, much…
What Is a Future-Advance Mortgage?
A future-advance mortgage involves a clause that allows a borrower to borrow extra money and increase their mortgage loan in the future. They are common among construction and commercial loans.…
Can One Spouse Be on the Mortgage but Both on the Title?
If you’re married, you know it’s usually common for spouses to share the same bank accounts and even loans—but that doesn’t always have to be the case. If your spouse…
Today’s Mortgage Rates & Trends, March 16, 2022
Average rates for 30- and 15-year mortgages jumped once again to fresh highs, nearly reaching their 2020 peaks. The average rate offered to homebuyers using a conventional 30-year fixed mortgage…
What Are Vanguard Admiral Shares?
Key Takeaways Vanguard Admiral Shares is a share class that offers low expense ratios and low investment minimums. Expense ratios range from 0.04% to 0.45%, lower than those for Vanguard…
How To Pay Yourself as a Business Owner
You’re a business owner, and even if your business is your baby, you still need to pay yourself enough to keep your lights on at home and ensure you have…
Talking to Teens About Financial Risk
As you help your teen to build financial foundations, one topic to weave into the conversion is financial risk. Financial risk will play a role in many decisions your teen…
Fed Lifts Benchmark Interest Rate, as Expected
The era of easy money is officially over. As widely expected, the Federal Reserve raised its benchmark interest rate from virtually zero Wednesday in the first hike since 2018. The…
Fed to Speed Up Rate Increases Amid Soaring Inflation
That’s how soon the Federal Reserve’s benchmark interest rate may reach a 14-year high, showing just how quickly the central bank now plans to raise borrowing costs. The central bank…