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An active-duty service member speaks with a loan officer about getting a VA loan.
Mortgage

2024 Eligibility Requirements for VA Loans

Veterans Affairs (VA) loans provide a pathway for veterans, active-duty service members and reservists to achieve homeownership with favorable terms. VA loans are known for their no down payment requirement and no private mortgage insurance, making them an attractive option for those who have served or continue to serve in the military. However, prospective applicants… read more…

A member of the military stands with his wife and daughter outside of the home they purchased using a VA loan.
Mortgage

Comprehensive Guide to VA Loans

The Veterans Affairs loan program, established to honor American service members and veterans, provides a range of mortgage options designed to make this cornerstone of the American dream more attainable. Whether it’s buying a new home, refinancing an existing mortgage or making home improvements, the VA loan program offers current and former members of the… read more…

A member of the military speaks with a loan officer who's processing his VA loan application.
Mortgage

What Are the VA Loan Limits for 2024?

VA loan limits have changed over time. The 2024 updates reflect the current economic climate and housing market trends, which aim to ensure that the program remains relevant and beneficial. Whether you’re a veteran considering a home in a standard-cost area or a high-cost county, the VA loan limits could influence your borrowing capacity and… read more…

Financial Advisor

I Have $900k in a Roth IRA and Would Receive $2,200 Monthly From Social Security. Can I Retire at 66?

Imagine that you have $900,000 in a Roth IRA and collect another $2,200 per month in Social Security. Can you afford to retire at age 66?  A good way to answer this question is to start with your budget. What do you expect to spend on essentials, like housing and fixed monthly expenses, and what… read more…

Editor's Picks

CFA vs. CFP: Which Is Right for You?
Financial Advisor

CFA vs. CFP: Which Do You Need?

Chartered financial analyst (CFA) and certified financial planner (CFP) are common certifications for individuals working in finance, namely financial advisors. These are designed to tell a client (or employer) that the holder has received education in certain types of financial… read more…

Wealth Management Firm
Investing

5 Tips for Choosing a Wealth Management Firm

Wealth management firms are all different, with their own specializations and services. As a result, the process for choosing a wealth manager is a very personal one. Wealth managers work closely together with their clients to identify financial goals and… read more…

What Is a Fee-Only Financial Planner?
Financial Advisor

What Is a Fee-Only Financial Planner?

If a financial planner, financial advisor or another type of financial professional is fee-only, that means they receive compensation solely from the fees clients pay for their services. They do not earn commissions for recommending certain products. A fee-only structure… read more…

Investment Property
Mortgage

Why First Homes Could Be Investment Properties

If you’re young and looking to purchase a new home to live in, you may want to consider turning it into an investment property. While most people wait until after they’ve bought their first or second home to begin investing in… read more…

Data Articles and Studies

Data Studies

What It Takes to Be Middle Class in America – 2024 Study

As a middle-class American, there is some expectation for living a lifestyle of relative comfort. But as costs have increased significantly over the last few years, the middle class is now feeling a squeeze in their finances. Accordingly, the income limits that define the middle class have also increased to reflect what most Americans are… read more…

Data Studies

Where Airfare Increased and Decreased the Most – 2024 Study

Prices on individual goods and services can take on their own characteristics based on unique supply and demand challenges throughout different locations nationwide. Air travel in particular faces unique pressures including staffing, equipment maintenance, fuel, passenger demand and more. In turn, the price of domestic flights can affect tourism, visits to family, and business opportunities.… read more…

Data Studies

Counties at Greatest Risk for Wildfire Damage – 2024 Study

Wildfires have become more prevalent in the U.S. over the last few decades. Like many other climate events, they can have a devastating effect on communities, destroying buildings and homes, closing businesses, damaging agriculture and changing the local ecology. Ultimately, with the increase in wildfires, some insurance companies have pulled their services out of specific… read more…

Data Studies

Cities Where Rent Increased Most – 2024 Study

Rent is a top expense for many Americans, so increases may disproportionately affect their budget. Between February 2023 and 2024, inflation as a whole went up by 3.15%. While the average rent increase in U.S. major cities was at parity with inflation, some cities saw rent increase as high as 8.0% – and others actually… read more…

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