History of US CD interest rates

CDs have long offered a great alternative to traditional savings accounts in the US. Putting your money in a CD is a low-risk way to grow your savings, as the interest rates are generally higher than a regular savings account and money is insured up to $250,000 (Investor.gov). However, CD interest rates have changed significantly […]

What is Mortgage Underwriting?

Are you ready to buy a house? Congratulations! Are you currently buying a house and considering refinancing? With interest rates so low, now is a great time to do it! Buying a home is a dream for so many people, and fulfilling that dream inevitably brings excitement. However, there are several components to buying a […]

IRAs: Here’s what to know

There are a few tools you can use while saving for retirement – one of them is an Individual Retirement Account, usually called an IRA.  What is an IRA? The federal government introduced IRAs in the 1970s to encourage people to save for retirement rather than relying only on their company or union retirement benefits. […]