November 2012 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 and the rate on the adjustable 5/1-year loan fell to 2.74%.1,2 Nearly...
[column col=”1/4″] Monthly Quote “Good people are good because they’ve come to wisdom through failure.” – William Saroyan Monthly Tip Yes, you can take a tax deduction if you have a mortgage – but the tax break may be less significant than you think...
[column col=”1/4″] Weekly Quote “Treasure the love you have received above all. It will survive long after your gold and good health have vanished.” –Og Mandino Weekly Tip If you are under 35, see if you can save 15% of your salary toward retirement. If...
Since the start of this decade, Wells Fargo employees have created millions of fake bank and credit card accounts to meet their sales goals. While those deemed at fault are being punished, the question is whether the consequences will equal the actions committed. The...
[column col=”1/4″] Weekly Quote “Our greatest glory is not in never falling, but in getting up every time we do.” –Confucius Weekly Tip Some pension plans let retirees choose between smaller lifelong income payments or a large lump sum. If one or both...
Pay Off Your Mortgage? Should you own your home free and clear before you retire? At first glance, the answer would seem to be “absolutely, if at all possible.” Retiring with less debt … isn’t that a good thing? Why not make a few extra mortgage payments to get the...
