How to get a low income mortgage

There is no minimum income you need to buy a home, but your debt-to-income ratio can limit the amount of mortgage that will be approved. Low-income borrowers should look for mortgages that allow for a low or no down payment. Your state’s housing finance agency may have programs specifically geared toward low-income homebuyers. loading Something … Read more

Getting treatment when cost and access are a barrier | personal financing

Sarah Rathner Search race Psychological health Therapy can feel like a marathon when you don’t have the energy or ability to reach the starting line. You may encounter limited and affordable options and a shortage of available therapists. “Before the pandemic, we had an insufficient workforce to meet the mental health demands of the country,” … Read more

No lie, these stocks pay you to own them | personal financing

There is a lot to like about dividend-paying stocks. As long as the core companies are healthy and growing, they will likely continue to pay their dividends to shareholders – regardless of whether the economy is booming or sluggish, regardless of whether the stock itself is rising or falling. Even better, these dividends tend to … Read more

How many stocks are there in california? (And is that a bad thing?) | Smart Change: Personal Finance

(Taylor Carmichael) Here’s an idea: Browse your portfolio and find where all your stocks are. If technology is as heavy as mine, one state will pop up over and over again: California. In my own business that includes names like appleAnd the trade officeAnd the intuitive surgicalAnd the AirbnbAnd the RoccoAnd the proximityAnd the Unit … Read more

Cliché Money Advice Financial Planners Say You Can Ignore It

There are some cliched financial tips I’ve heard over and over that financial planners say they ignore. Examples include ‘Rent is a waste of money’ and ‘Credit card balance is good for your credit score’. Also, the advice to increase your 401(k) cap and buy cryptocurrency is not for everyone. loading Something is uploading. Four … Read more

Mortgage and Refinancing Rates Today: July 2, 2022

Fixed prices slowly retreated after their recent rally. But the average 30-year fixed-rate mortgage rate remains above 5%, causing the pandemic-induced home buying growth to slow dramatically. In mid-June, it was Federal Reserve Raise the federal funds rate by 75 basis points, or 0.75 percentage points. Mortgage rates are not directly affected by the federal … Read more

Don’t let novelty bias derail your retirement investment strategy | personal financing

(Sam Swenson, CFA, CPA) investing in the retirement It is much more behavioral than mechanical. yosuddenlyHumans tend to respond to large, emotionally impactful events. This is the crux of the modernity bias: we have a behavioral tendency to place more importance on the events of the recent past, especially when it comes to investing. Below, … Read more

Getting treatment when cost and access are a barrier | Smart Change: Personal Finance

Sarah Rathner Search race Psychological health Therapy can feel like a marathon when you don’t have the energy or ability to reach the starting line. You may encounter limited and affordable options and a shortage of available therapists. “Before the pandemic, we had an insufficient workforce to meet the mental health demands of the country,” … Read more