When the Federal Reserve slashed interest rates close to zero, it did take some time for the reduction to filter down into the mortgage market. Mortgage rates are nowhere near that low, but they have declined a from where they were before the Fed cut rates to zero. In fact, mortgage rates are hovering around record-low levels. You may be wondering whether it’s worth refinancing your mortgage now that interest rates have fallen. There’s no easy answer because every mortgage must be considered on a case-by-case basis, but there are some things to think about when trying to decide whether to refinance.

Alternative investments can play an essential role in anyone’s portfolio, but for the average investor, they may seem too complex. Including alternative investments is a great way to increase diversification in your portfolio, but first you must understand what they are.

Buying a house is a big step, especially for first-time buyers. There is a lot to think about, especially if the economy is in a recession. There can be benefits to buying a home during a recession, but there are also risks to take into considerations. Here are some things you will need to think about if you decide to buy a house during a recession.

Many people are refinancing their homes now while mortgage rates remain near record lows. If you’ve decided to look into the process, then there are several pieces of information you should gather before you actually move forward. It’s best to have everything at your fingertips before you start working with a loan officer or broker.

The CARES Act was an unprecedented stimulus package that provided wide-ranging financial assistance, from stimulus checks to funds for small businesses. One provision that hasn’t been discussed as much is the increased access to funds earmarked for retirement.

If you’re researching how to recover from financial mistakes, then you’re not alone. A new poll by the Robert Wood Johnson Foundation found that nearly half  of American households (47%) are facing serious financial pain. Improving one’s finances and repairing one’s credit is now part of the American way of life.

The end of the year will be here before you know it. For now, there’s still time to make some important deadlines for retirement savings that will also save you money on your taxes next year. Check out these deadlines to find out how much money you can save.