News Archives - Moving 2 Brevard

Jan212021 by Ian JensenNo Comments

Marital Debt After Divorce: Who is Responsible?

Arlington

The average couple has a number of topics to discuss on their to-do list before heading to the altar. The least romantic topics, if they even make the list at all, are probably concerning debt and the possibility of divorce. If you foresee a divorce in your future or are currently going through one, itâs safe to say that you have some burning questions about your finances. Perhaps you and your spouse acquired some debt during the course of your marriage and youâre now wondering who is going to be responsible for what. While itâs important to note that each situation is unique, there are some ground rules in the Divorced with Debt arena. In the below sections, weâll address the usual ways in which debt is divided up between each spouse. Community Property vs. Common Law Property Ru...

Jan212021 by Ian JensenNo Comments

Here are Safer Alternatives if Youâre Too Obsessed with the Stock Market

Arlington, Investing

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners. Weâre big on investing. Itâs an important way to grow your money and set yourself up for retirement someday. But is it dangerous to be too obsessed with the stock market? You bet it is. Our financial advice columnist, Dear Penny, recently heard from a reader whose husband stopped funding his 401(k) so he can bet on the stock market, instead. Is it OK that heâs stopped contributing to his 401(k) so he can trade stocks? the reader asked. How do I ask him what heâs actually investing in? Iâm worried that heâs gambling money that we need for our retirement. Thatâs not the way to go. Here are five safer wa...

Jan212021 by Ian JensenNo Comments

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...

Jan212021 by Ian JensenNo Comments

How to get a cash advance with Chase

Mortgage Lending

If you have a Chase credit card, you can get access to a cash advance. However, make sure youâre familiar with the issuerâs terms and fees on cash advances before you borrow cash against your credit line. Hereâs everything you need to know about getting a cash advance from a Chase credit card. Getting a cash advance with Chase What is a cash advance? How to get a cash advance with Chase What to consider before getting a cash advance What is a cash advance? Essential reads, delivered weekly Subscribe to get the weekâs most important news in your inbox every week. Enter your email address Subscribe By providing my email address, I agree to CreditCards.comâs Privacy Policy Your credit cards journey is officially underway. Keep an eye on your inboxâweâll be s...

Jan212021 by Ian JensenNo Comments

Why Itâs Harder to Get Credit When Youâre Self-Employed

Home Loans By State

Around 6.1% of employed Americans worked for themselves in 2019, yet the ranks of the self-employed might increase among certain professions more than others. By 2026, the U.S. Bureau of Labor Statistics projects that self-employment will rise by nearly 8%. Some self-employed professionals experience high pay in addition to increased flexibility. Dentists, for example, are commonly self-employed, yet they earned a median annual wage of $159,200 in 2019. Conversely, appraisers and assessors of real estate, another career where self-employment is common, earned a median annual wage of $57,010 in 2019. When you work for yourself, you might have to jump through additional hoops to qualify for credit. Despite high pay and job security in some industries, thereâs one area where self-empl...

Jan202021 by Ian JensenNo Comments

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,Â 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...

Jan202021 by Ian JensenNo Comments

Can you send money with a credit card?

Account Management, Austin, Cash Back

Sending cash to friends and family? Before you reach for that credit card, grab a calculator. Itâs time to do a little math. With most everything you purchase online or through apps, credit cards have the edge. With plastic, you have chargeback rights. If youâre overcharged or receive the wrong item, broken merchandise or nothing at all, your card issuer will make it right. And if you use a rewards card, you collect points or miles, too. Win-win. But itâs different story when youâre sending money through peer-to-peer platforms. Many of them (like Google Pay, Popmoney and Zelle), donât allow consumers to use a credit card to send cash. Others (like Cash App, PayPal and Venmo), allow credit cards but also charge a fee for the privilege â often about 3%. See related: How to choose...

Jan202021 by Ian JensenNo Comments

Mortgage Rates vs. Fed Announcements

Credit Card Guide, Credit Card News, Mortgage Rates, Refinance

File this one under âno correlation,â 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

Jan202021 by Ian JensenNo Comments

We Want a Diverse Area With Moderate Population, Warm, Beach and CultureâSo 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 â 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.Â Thanks. âÂ 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. Iâm 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...

Jan202021 by Ian JensenNo Comments

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 appealingâa 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...