Mortgage-backed securities are bond-like investments made up of a pool of mortgages. When you purchase a mortgage-backed security, youâre buying a small portion of a collection of loans that a government-sponsored entity or a financial institution has packaged together for sale. Investors may refer to these loans as MBS, which stands for mortgage-backed securities. Investing […]
The post Mortgage Backed Securities, Explained appeared first on SoFi.
If you pay attention to politics, work for a company, or are around accountants often, youâve probably heard of a budget deficit. While the way people talk about budget deficits make them sound confusing and difficult, the concept is actually…
The post What Is a Budget Deficit? Deficit Causes & Solutions appeared first on MintLife Blog.
Data show delinquencies remained near all-time lows in Q4 2020, due in part to hardship programs enacted by financial institutions and the government. Experts weigh in on whatâs to come in 2021.
No matter how much money you make, bad spending habits can have you living paycheck-to-paycheck. Itâs a dangerous cycle â but you can break out of it. Hereâs how.
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First of all, congrats! Now hereâs how to put that extra income to good use.
The post 5 Things to Do When You Get a Raise at Work appeared first on Discover Bank – Banking Topics Blog.
For the LGBTQ+ community, the experience of finding and buying a home has been changing for the better, but buyers do still face some challenges. These home-buying tips can help make your path to homeownership more fair and equitable. Understand your rights Zillow believes you have the right to buy a home free from discrimination. […]
The post Finding a Home: Tips for LGBTQ+ Buyers appeared first on Home Buyers Guide.
Inflation, or a sustained period of rising consumer prices, can take a bite out of investor portfolios and reduce purchasing power as the prices of goods and services increase. Treasury Inflation-Protected Securities, or TIPS, are one way to hedge against inflation in a portfolio. These government-issued securities are inflation-protected bonds that adjust in tandem with […]
The post What Are Treasury Inflation-Protected Securities (TIPS)? appeared first on SoFi.
In a new survey, about three-quarters of consumers whose incomes were affected by COVID indicate they are concerned about their ability to keep current on bills and loans. One of the ways theyâre making ends meet is with credit cards.
If you’re applying for a credit card, you might stumble upon this term “accessible income.” In fact, that’s the only situation in which you will come across the term: on a credit card application. So, you need to know what it is. Accessible income is not just income you earn from your regular job. Rather, …
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Strategically allocating finances is about more than just putting money into investment accounts. It’s also the best way to plan and save.
The post Zero-Based Budgeting 101 appeared first on MintLife Blog.