Many Americans approaching retirement face a common question: should you tap into your retirement savings to pay off your mortgage? On her “Women & Money” podcast, personal finance expert Suze Orman addressed this dilemma from a listener in his early 60s, providing insight that could help others in similar situations. Jody, just shy of 64,…
Paying off your mortgage is a great achievement, and it also frees you from the largest monthly expenses you will ever have to face. One couple in their 50s has an opportunity to make additional mortgage payments so they can get out of debt early, but they’re also thinking about putting the extra money into…
Mortgage rates have been inching down recently, but they’re up again today. According to Zillow data, the 30-year fixed mortgage rate has increased by five basis points to 6.52% while the 15-year fixed rate moved up seven basis points to 5.70%. The CME FedWatch tool reports an 85% chance that the federal funds rate will…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When you see a video titled “This Is the Shortest Call in Ramsey Show History,” you expect chaos — a prank, a hang-up, maybe someone trying to sell Dave on Bitcoin. But this call wrapped up fast for…