Monday, November 29
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Tag: News

Visa v. Mastercard: How These Financial Tools Are Similar & What Makes Them Different

Uncategorized
You apply for a credit card and the bank sends you one when you’re approved. Whether it’s a Visa, a MasterCard or another type of payment card doesn’t factor into the process. Or does it? Find out whether you should choose Visa or MasterCard when applying for credit cards and what other information you should know about these companies before selecting a credit card. The Difference Between Visa and MasterCard The only real difference that stands between Visa and MasterCard is that your card works on the payment network that the company operates. A Visa card won’t work on MasterCard’s network, and vice versa. Ultimately, any other differences in cards come from the specific card you have. Not all MasterCard cards are the same, and not all Visa cards are the sa...

Hemsworth Brothers Stage Successful Sale of Their Malibu Retreat

Work From Home
Barry King/Getty ImagesMalibu residents will be seeing a little less of the hunky Hemsworth brothers in the future. Chris, Liam, and Luke Hemsworth have just let their California family retreat go, for $4.25 million. It initially landed on the market in September for $4.9 million. The sale price may sound disappointing, until you consider the fact that the A-list Aussies bought the architectural modern overlooking the Pacific Ocean in March 2016 for $3,450,000. Shed no tears for the bros, who are among Hollywood’s hottest commodities. It may be they’re just too busy with their careers, and don’t have the time to relax together as they used to. It’s reported that the brothers were fond of gathering in the four-bedroom, four-bathroom, 4,612-square-foot home with view...

Mortgage Rates vs. Fed Announcements

Credit Card Guide, Credit Card News, Mortgage Rates, Refinance
File this one under “no correlation,” despite a flood of news articles claiming the Fed’s rate cut directly impacts mortgage rates. Today, the Fed cut the federal funds rate by half a percentage point to a range of 1-1.25% due to the uncertainty surrounding the coronavirus, this despite a strong U.S. economy. That sent mortgage [&hellip The post Mortgage Rates vs. Fed Announcements first appeared on The Truth About Mortgage.Source: thetruthaboutmortgage.com

We Want a Diverse Area With Moderate Population, Warm, Beach and Culture—So Where Should We Retire?

Grand Prairie, Home Buying, Retirement
Courtesy Visit St. Pete/ClearwaterDear MarketWatch, We are African-Americans and want to retire to a diverse area with moderate population, warm, beach, culture. We can afford a better-than-average lifestyle and want to feel accepted in our new community — hopefully somewhere with high walkability and homes with character. And maybe near a major airport…. for lots of traveling. Let me know what you come up with. Thanks. — Jennifer Dear Jennifer, We all know there are plenty of beach towns in the U.S., but finding one with personality is a bigger challenge. I’m going to leave out some obvious places, like Miami Beach and, though less diverse, Hilton Head. On the West Coast, no Southern California. Too obvious. Plus, while you can afford a better-than average lifestyle, home pr...

What Is a No-Fee Mortgage?

Apartment DIY, Grand Prairie
Witthaya Prasongsin/Getty ImagesWhen you apply for a mortgage or refinance an existing mortgage, you want to secure the lowest interest rate possible. Any opportunity a borrower can exploit to shave dollars off the cost is a big win. This explains the allure of no-fee mortgages. These home loans and their promise of doing away with pesky fees always sound appealing—a lack of lender fees or closing costs is sweet music to a borrower’s ears. However, they come with their own set of pros and cons. No-fee mortgages have experienced a renaissance given the current economic climate, according to Ralph DiBugnara, president of Home Qualified. “No-fee programs are popular among those looking to refinance … [and] first-time home buyers [have] also increased as far as interest...