U.S. Households Increased Debt at the Fastest Pace in 15 Years
Household debt increased last quarter at the fastest pace in 15 years, due to hefty increases in credit card usage and mortgage balances.
Household debt increased last quarter at the fastest pace in 15 years, due to hefty increases in credit card usage and mortgage balances.
Don’t be fearful of all debt. The correct amount of good debt can increase your ability to save for the future, build wealth and enhance your life.
Curious to learn more about what goes in to calculating your mortgage rate? Here are the basics.
Gain a more nuanced understanding of why and why not to consider paying off your mortgage.
Paying off your mortgage and being debt-free can sound appealing, but for some homeowners, their financial situation and future goals might call for keeping the major monthly expense and allocating the money elsewhere.
Reverse mortgages are one way of using the equity in your home. They may or may not be right for your unique situation, but here’s what you need to know about eligibility and cost.
Last week, mortgage rates rose again, causing a large drop in demand. But the mortgage landscape changed later in the week as news of the new COVID-19 variant came to light.
In this clip from episode 77 of the Agent of Wealth Podcast, BeQuest Funds co-founder Martin Saenz explains the alternative investing strategy of mortgage notes.