Retirees Beware: What You Must Know About Today’s Sky-High Mortgage Rates

The financial landscape is ever-evolving, and as of Thursday, October 26, 2024, we find ourselves in a period of rising interest rates, with the average 30-year fixed mortgage rate at a staggering 8.09%. This marks a nine basis point increase from the previous week, and the trend shows no signs of slowing down. Understanding how … Read more

Think Retirement is Bliss? Your Credit Score Disagrees

Retirement is often seen as a golden phase, a time to relax and enjoy the fruits of years of hard work. However, there’s an unexpected twist that many don’t anticipate: a potential dip in your credit score. Even if you’re not planning to borrow money, your credit score can influence various facets of your life, … Read more