Investing in rental property can build wealth outside the stock market. Benefits include property appreciation and regular rental income.

The Fed considers inflation data to determine future interest rate cuts. Recent inflation slowdown may influence Fed's decision on rate cuts.

There are two main types of mortgages: conforming and non-conforming. Conforming loans follow guidelines set by Fannie Mae and Freddie Mac and come with lower interest rates and a more streamlined process.

Mortgage applications in the US ↑ 15.6% WoW in the first week of June. Refinance activity ↑ due to lower mortgage rates, especially for VA borrowers.

May's inflation data showed ↓ MoM, offering hope for lower mortgage rates. The Fed is aiming to bring inflation down to its 2% target, which would likely lead to lower mortgage rates.

Here’s a list of ways to improve chances of mortgage approval if you are self-employed: Make a largear down payment. Boost credit score and maintain a positive credit history. Lower debt-to-income ratio to 43% or less. Shop around for lenders experienced with self-employed borrowers. Work with a knowledgeable loan officer or mortgage broker.

Paying off your mortgage early can save thousands in interest charges. Create a budget to identify savings for extra mortgage payments and stick to it.

Contact your lender immediately to negotiate a payment plan or temporary reduction in payments to avoid worsening your situation.Review your budget to identify and cut non-essential expenses, reallocating funds to your missed mortgage payment to catch up quickly.

In 2026, tax rates are expected to rise for most taxpayers, with the biggest increase hitting middle-income earners. The standard deduction will decrease, but personal exemptions and unlimited SALT deductions will return.