Category Archives: Need Financing

In the last decade, a surge in home prices has built considerable wealth for the middle class.

Carmen Reinicke@CSREINICKE Total housing wealth grew by $8.2 trillion between 2010 and 2020, according to a March report from the National Association of Realtors. The coronavirus pandemic’s housing boom added even more value to homes. But unless people plan to sell their houses — which can be a difficult feat in a hot housing market — thereContinue reading “In the last decade, a surge in home prices has built considerable wealth for the middle class.”

The Importance of Understanding Interest

The Importance of Understanding Interest It’s one thing to know what interest is. It’s another to truly understand how interest works. Understanding interest is so important because it can have a considerable impact on your entire financial picture. The most important thing to know about interest is that not all types are created equal. The way youContinue reading “The Importance of Understanding Interest”

Homebuilder confidence drops as interest rates and lumber prices rise

A contractor works on a house under construction at the Norton Commons subdivision in Louisville, Kentucky, U.S., on Monday, March 8, 2021.Luke Sharrett | Bloomberg | Getty Images A monthly index measuring homebuilder confidence in the single-family housing market fell, as builders face rising interest rates and rising costs for materials, especially lumber. The NationalContinue reading “Homebuilder confidence drops as interest rates and lumber prices rise”

Why it might be a ‘mistake’ to file your 2020 taxes now

Ethan Wolff-Mann·Senior WriterTue, February 9, 2021, 11:56 AM·4 min read Tax season officially starts Feb. 12 and you have until April 15 to file and pay taxes owed. But there’s a wrinkle this year and it has to do with coming stimulus payments. Lawmakers are still negotiating the details of a third stimulus plan, including how muchContinue reading “Why it might be a ‘mistake’ to file your 2020 taxes now”

Mortgage demand drops as interest rates hit a three-month high

PUBLISHED WED, FEB 10 2021 Diana Olick An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Mortgage interest rates have increased in four of the first six weeks of 2021, putting a chill on mortgage demand. Overall mortgage applicationContinue reading “Mortgage demand drops as interest rates hit a three-month high”

How to know the difference between legitimate debt collections and scams

Updated Sun, Jan 31 2021Megan DeMatteo It’s becoming increasingly difficult to tell the difference between a real business and a scam. Chances are, you’ve been on the receiving end of a suspicious phone call before, where someone posed as a legitimate representative in order to try to get your information. Sometimes, scammers give themselves awayContinue reading “How to know the difference between legitimate debt collections and scams”

National Bank Act Of 1863

How Did The Civil War Change The American Currency? The Act entitled “An Act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof,” approved June 3, 1864, shall be known as “The National Bank Act.” The National Bank Act of 1863 was designed to create a national banking system, float federal war loans, and establishContinue reading “National Bank Act Of 1863”

Resources for Teachers and Educators This special section of MyMoney.gov provides information about and links to a collection of federal guides and curricula for teaching financial capability concepts. Our collection is designed specifically for teachers and educators, including those who work with children as well as practitioners who teach adults. The Spotlight Resources below provideContinue reading

What Do You Think?

OPINION: We’ll Protect America’s Suburbs We reject the ultra liberal view that the federal bureaucracy should dictate where and how people live. By President Donald Trump and HUD Secretary Ben Carson August 16, 2020 https://on.wsj.com/2Eb6mKR The crime and chaos in Democrat-run cities have gotten so bad that liberals are even getting out of Manhattan’s UpperContinue reading “What Do You Think?”