Your credit score gives lenders a sense of how likely you are to make regular, on-time mortgage payments. So, it’s a critical part of the approval process for mortgage refinancing. Typically, homeowners need at least a 620 FICO score to refinance. But if you don’t meet this threshold, you still have options. Below, CNBC Select
VA loans are zero-down mortgages for active service members and veterans that are insured by the Department of Veterans Affairs and funded by private lenders. Created in 1944, the VA loan program has aided more than 24 million families achieve homeownership with flexible qualifications, lower rates, no down payment and no private mortgage insurance. No
Especially in times of market uncertainty or volatility, our attention tends to be sucked into the bottomless vortex of pointless prognostication and aimless activity. Yet, if you have a good plan in place, educated apathy is generally the most profitable move. As the sage Warren Buffett reminds us, “The stock market is designed to transfer
The U.S. Department of Education is facing a major shakeup, with staff cuts slashing nearly 50% of its workforce as of March 2025. With the Trump administration pushing to downsize or even dismantle the agency, millions of students, parents, and educators are left wondering: what’s next for student loans, the Free Application for Federal Student
US President Donald Trump‘s tariff plans and refusal to rule out an economic downturn prolonged the ongoing volatility in US stock markets. ‘Look, we’re going to have disruption, but we’re OK with that,’ he said earlier this week on the Fox News show’ Sunday Morning Futures.’ These developments took a toll on investor confidence, reflected
Congress passed the Secure 2.0 Act in 2022 to expand saving opportunities for individuals who have access to savings vehicles like 401(k)s and workplace savings plans. Several of the bill’s provisions go into effect in 2025 and, if you’re like many workers, your 401(k) or workplace savings plan is likely the foundation of your retirement