Consumers may be holding on to their money due to growing concerns of a recession. But some experts say traditional retail sales actually remained stable, and lower fuel prices are to blame for the decline. - NBCNewsBetter
Interest rates are at a historic low, and they’ll likely drop again later this year. What does this mean for your wallet?
For those wannabe homeowners, now may be the time to make your move so you can lock in those low rates. If you already own, this could be a great opportunity to refinance, which can be a great tool for homeowners to lower their monthly payments.How much do you stand to save? Depending on how much you still have to pay back on your current mortgage, the savings could be small. But if you’re paying off a large loan, this could be the time to refinance.Is this home going to be your home for the foreseeable future? If you plan to sell soon, the costs of closing on a new mortgage may not be worth it.
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