Mortgage Origination and Discount Points: Understanding the Basics
What Are Mortgage Points? A mortgage point is a percentage-based fee paid at closing. Each point is equivalent to 1 percent of your total loan amount. For example, on a…
What Are Mortgage Points? A mortgage point is a percentage-based fee paid at closing. Each point is equivalent to 1 percent of your total loan amount. For example, on a…
Mortgage insurance premiums can increase your monthly budget significantly. They averaged between $100 and $200 a month as of the end of 2016. But sometimes they’re tax deductible—at least through the end…
Most people think of investing as buying stocks, bonds, mutual funds, or exchange-traded funds (ETFs). The more adventurous might think about a real estate investment trust (REIT). Some people also might consider buying stocks of mining…
Creating a budget while in college is a great way to track spending and take control of your finances. Here’s how you can start budgeting now and work toward achieving…
Investing in the stock market certainly is attractive, but recent market volatility may have scared some investors and moved them over to alternative investment platforms. One of the main reasons…
What is a short-term investment? If you’re making a short-term investment, you’re often doing so because you need to have the money at a certain time. If you’re saving for…
Most military personnel don’t have the time to pay attention to their finances. They are simply too busy, with families, friends and jobs. When servicemembers do have to make a…
A real estate deal is generally a long and stressful exercise that involves many steps and procedural formalities. Closing on a house occurs when you sign the papers that make the house…
Entering into a commercial property lease is vastly different to renting a home. Commercial lease agreements cover various issues that are not encountered in residential leases. Tenants and landlords need…
While the money market and the capital market are both aspects of the larger global financial system, they serve different goals for investors. In a nutshell, the money market is…