THINK ABOUT A REFI, DO SO BEFORE FED HIKE

Indecisive Interest Yesterday’s Fed statement suggesting that “near-term risks to the economic outlook have diminished” that “job gains were strong” and “household spending has been growing strongly” indicates a Fed...

DEPRECIATING DOLLAR

From mid-2014 through 12/15, the US dollar appreciated 25%. This rise was a major reason why the Fed only raised rates once in 2015. Since the start of 2016, however, the US dollar has fallen by 4% despite central bank easing in Japan, Europe and the UK. If the dollar...

LET YOUR BUSINESS SUCCEED WITH PRIVATE MONEY LENDER

If you think banks, credit unions, and mortgage brokers are the only sources of funds for your investment properties, think again. There are a lot of ways to get the money to buy investment properties without having the need ask traditional banks for help. One of...

A SCENARIO OF GETTING A LOAN AFTER BANKRUPTCY DISCHARGE

Many people who are facing insurmountable debts bow to the pressure from attorneys to declare bankruptcy. It is not an ideal solution, but unfortunately, economic reality sometimes makes it the only practical choice. The good news is getting loans after bankruptcy is...

INCOME INCREASE

In 2015, median household income (MHI) surged 5.2%, the largest jump ever, to $56,516, up from $53,718 last year. MHI remains below the pre-recession 2007 peak of $57,423 and the 1999 all-time high of $57,909. Women saw their earnings rise 2.7%, while men’s rose...