We’ve all read the statistics that a college graduate earns $1 million more over their lifetime than a non-college grad. That’s a pretty compelling reason to go to college, isn’t it? But is it accurate? Or does it depend on what you study? And therefore, what kind of career you will pursue when you graduate? [...]
Surge in refinance applications By Michele Lerner on December 8, 2011 Many homeowners have decided a new home loan should be part of their financial resolutions for 2012, as mortgage applications for a home refinance rose last week. The Mortgage Bankers Association (MBA) reported a sharp increase in the number of applications for mortgage refinancing [...]
Tweet What springs to mind when you hear the phrase ‘debt problems’? There are all kinds of articles out there that discuss different approaches to debt problems, but you might not have realised how different the various debt solutions actually are. After all, they’re designed to help people in very different situations. Someone who has [...]
November Employment report at 830am was generally in line with estimates. Today’s news will feature the unemployment rate dropp to 8.6% from 9.0%; non-farm hobs increased 120k while private non-farm jobs increased 140k, average hourly earnings are +0.1%. The unemployment rate is the lowest since March 2009 but there is a hitch to the headline; [...]
If you are taking summer classes at a college, check with their financial aid office and make sure you follow the process if you want to get financial aid. There are multiple ways you could get financial aid for this summer session. First, the federal government instituted a new Two Pell in a Year program [...]
Low mortgage rates offer several options for homeowners with enough equity to refinance. While the most popular option for homeowners is to reduce their monthly mortgage payment with a home refinance, some borrowers choose instead to shorten their loan term to pay off their entire loan more quickly. According to Freddie Mac, 95 percent of [...]