Over the last two years average home values have continued to rise across the United States. In many areas existing homes have gained back at least half the value lost after the real estate bust of 2007 and during the Great Recession. At the same time, mortgage interest rates have stayed within a range of historic lows. During 2013 when rates were lowest, many people with equity in their homes refinanced their mortgages usually to lower payments and overall interest paid. For a variety of reasons, other homeowners sat tight with the mortgages they had. This year, although many economic analysts have been predicting that interest rates will rise more sharply, that has not happened but the potential must be considered. Taking all these factors into account you may be wondering if the time is right to refinance.Read More
Did you know that there have been over 200 reports of data breaches so far in 2014? Yet most of these did not make the headlines. The number of records affected in each of these breaches vary from a few hundred to the approximately 56 million reported by Home Depot.Read More
Wait a minute... You're young! Why should you think about retirement already?
Well, wouldn't you—at some point—like to be finished with work or school and do what you want, when you want, and have the money to do it?
Wouldn't you like to retire early?
Well, here's the cold, hard reality: If you don't have a financial plan for later in life, you may wake up one day and realize you don't have the money to maintain your lifestyle, much less have a better lifestyle.Read More
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