When selecting a fixed-rate mortgage, a prospective borrower has to determine how many years to finance the loan. Some financial institutions offer 10-year and 20-year, fixed-rate mortgages as well as 15-year and 30-year, fixed-rate home loans. For the purpose of comparison, this worksheet takes a look at 15-year and 30-year, ...

Buying a home is the single-largest financial commitment most people ever make. And sorting through mortgages involves a lot of critical choices. One of these is choosing between a fixed or variable interest rate mortgage. True to its name, fixed-rate mortgage interest is “fixed” throughout the life of ...

Many Americans have taken steps in recent years to protect their identity. According to one report, published in 2020, total dollars lost due to identity theft was $16.9 billion. If you haven’t taken measures to protect yourself, it may be a good idea to consider your options.1 Identity theft is ...

The latest research suggests that divorce rates in the U.S. have been falling in recent decades. Still, many people face the difficult crossroads that comes when their marriage ends.1 Getting a divorce is a painful, emotional process. Don’t be in such a hurry to reach a settlement ...

Many people have a clear vision of what their ideal retirement looks like. Some desire vacation homes in tropical destinations, while others plan to spend quality time with their grandchildren and family. We know that many of these dreams will come with a price tag, but of all the activities ...