My late mother left me her home, but the mortgage will make it difficult for me to pay my medical and living expenses. Should I sell?
'I'm on a fixed income of $2,900 a month, and I have only worked full-time for two months due to medical reasons.'
'I'm on a fixed income of $2,900 a month, and I have only worked full-time for two months due to medical reasons.'
In the world of financial advice, one of the top experts is fast-talking Dave Ramsey, a personal finance expert who has made a name for himself by publishing eight books on finance. He also hosts "The...
"Just how much prices will rise from winter lows will depend on whether mortgage rates stabilize and creep downward or stay high and volatile."
While lower rates are helping buyers overcome affordability hurdles, home prices are still expected to remain high.
Over 2,000 foreign companies are seeking approval to exit the Russian market, per the Financial Times.
Rule changes living rent-free in your mind? Perhaps it's time for a more passive approach.
The amount you have to finance through a mortgage loan and the long-term commitment you're making to real estate can be overwhelming. See the List: GOBankingRates' Best...
Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.
There’s no getting away from it, given the Fed’s policy of aggressive rate hikes, a soft landing for the U.S. economy appears out of the question. That at least is the opinion of Cathie Wood, who is therefore readying for a hard landing. “Money velocity is flattening,” the ARK Investment Management CEO said recently in reference to the recent banking mess while Wood also expects a marked deceleration in nominal gross domestic product. However, these are all blind spots for the Fed, she believes,
The Oracle of Omaha never saw a future in cryptocurrency.
The Grade II-listed manse also has a gym, a sauna, a steam room, and private underground parking for three cars.
The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays … Continue reading → The post Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back appeared first on SmartAsset Blog.
It's led by Cathie Wood, one of the more vocal tech-sector bulls on Wall Street. Ark Invest buys shares in companies building the future and packages them into exchange-traded funds (ETFs) to give everyday investors simple, easy access to its strategies. Electric vehicles, robotics, fintech, healthcare technology, and artificial intelligence (AI) are just a few areas Ark Invest is betting on for the long term.
A Houston woman says that several squatters have moved into her rental home claiming that they have a legal right to be there and the cops have said they can't help.
Hurricane Ian ‘significantly depleted” Citizens’ coffers.
Rivian Automotive (NASDAQ: RIVN) stock jumped out of the gate on Wednesday morning. Shareholders likely have some of Rivian's peers to thank for the rise. With another EV start-up unveiling a new luxury electric SUV yesterday, it seems Rivian isn't alone in believing there is a market for those products.
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
Enbridge (NYSE: ENB) is an outstanding dividend stock. Meanwhile, it currently offers investors a 7.2% dividend yield -- several times above the S&P 500's 1.7% dividend yield -- that it supports with its strong cash flows and financial profile. It continues to secure new expansion projects that should give it the power to keep increasing the dividend.
Newport Beach has joined a host of destination cities in California moving to regulate fractional home ownership, in which multiple people own a small share of a neighborhood home that's used as a vacation property.
Shares of Medical Properties Trust (NYSE: MPW) were jumping 4.5% higher as of 10:43 a.m. ET on Wednesday and rose as much as 7.8% earlier in the morning. Analysts asked Medical Properties Trust's CFO Steven Hamner in the fourth-quarter conference call if the healthcare REIT, or real estate investment trust, planned to sell its Australian properties. The question was posed as part of a broader inquiry about Medical Properties Trust's efforts to boost its cash flow and reduce leverage.
The Mortgage Bankers Association's weekly index of overall home loan application volumes climbed 2.9% to notch a fourth week of gains, the longest up-streak in four years. The increase was led by a 4.8% rise in applications to refinance an existing loan, which brought that activity to its highest level since last September and furthered the distance from a two-decade low hit at the end of last year. "While the 30-year fixed rate remained 1.65 percentage points higher than a year ago, homebuyers responded, leading to a fourth straight increase in purchase applications," MBA Vice President and Deputy Chief Economist Joel Kan said in a statement.