Archive of Financial Articles
These pages are an archive of Financial Article posts from Hansen & Associates Financial Group, Inc. The Financial Articles bring you introductions to a variety of highly focused subjects along with sources and citations that make it easy for you to explore the subject further.
Mortgage Rates May Stay Low for a Long Time
In November 2012, the interest rate on a 30-year home loan averaged just 3.31%. That was an all-time low. Simultaneously, the 15-year fixed-rate mortgage averaged just 2.63% interest
The Wells Fargo Scandal
From 2011-16, Wells Fargo collected $2.6 million in customer fees as its employees set up more than 1.5 million unsanctioned deposit accounts and more than 500,000 unapproved credit card accounts.
Should You Pay Off Your Home Before You Retire?
Before you make any extra mortgage payments, consider some factors
October Is National Financial Planning Month
Saving is a great start, but planning to reach your financial goals is even better.
Characteristics of the Millionaires Next Door
In 2015, the U.S. had 10.4 million households with assets of $1 million or greater, aside from their homes. That represents a 3% increase from 2014.
Are You Insured?
Many people ask if life insurance is really worth the cost; maybe you are among them. The simple answer to that question is yes. It can be stunningly cheap: a healthy, non-smoking man in his thirties may pay less than $45 a month for a $1 million 20-year term policy.
What Will the Election Do to the Market?
Wall Street has had a rather calm summer. How about fall? Will volatility increase before and after Election Day?
The Rise of Bitcoin
You can’t talk about bitcoin without talking about Bitcoin. Bitcoin with a capital “B” references the Bitcoin network that creates the digital currency; bitcoin with a lower-case “b” refers to the currency itself.
Managing Drug Costs
Are prescription drug costs burdening your finances? This problem is far too common today. Consider the price tag of some of the drugs used to treat arthritis, hepatitis C, cancer, and multiple sclerosis. Medicare Part D’s catastrophic coverage threshold for prescription medications is currently $4,850 per year (up from $4,700 in 2015).
Life Insurance … Is It Time?
Finding the right life insurance policy may be simpler than you think. There are two basic types of life insurance: term and cash value.