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In the US, the average mortgage rate for the first time since 2008 exceeded 6%The number of applications for mortgage loans fell by 64% compared to last year. In the US, the average mortgage rate for the first time since 2008 exceeded 6%, Reuters reports, citing data from the Association of Mortgage Banks. At the end of July 2022, the US Federal Reserve System (FRS) raised the interest rate by 75 basis points, to 2.25-2.5% per annum. Such an increase in mortgage rates...0 Comments 0 Shares 14K Views 0 Reviews
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Public Service Loan Forgiveness: a path out of student debtDo you work for a government or nonprofit organization? Or are you considering that career path after graduation? If so, the Public Service Loan Forgiveness (PSLF) Program may help you reduce the amount you need to pay back in student loans. The program offers qualified public servants and nonprofit employees a path out of student loan debt, with no cap on the loan forgiveness...0 Comments 0 Shares 7K Views 0 Reviews
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We conduct an audit of assets and liabilitiesWhat will you learn? What is personal capital How to Build a Personal Balance How to Increase The Return on Assets and Reduce the Cost of Loans To begin with, we will define the basic concepts, which will be discussed further. Assets are the value of the property you own, which include: real estate;...0 Comments 0 Shares 16K Views 0 Reviews
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What is a loan in simple wordsForms of lendingThere are many classifications of loans. For example, if you divide loans by source of financing, you can highlight the following. InternationalProvided by international organizations such as the International Monetary Fund or the World Bank. Issued for the development of countries, assistance in crisis situations, etc. StateThey are issued by the state within the country, for...0 Comments 0 Shares 4K Views 0 Reviews