Is It Time to Refinance? The Federal Reserve has just cut interest rates by .50% in response to growing concerns about the impact of the coronavirus on the economy. What does that mean for mortgage rates? The Federal funds rate doesn’t move in lockstep with mortgage rates, particularly 30-year fixed mortgages. But mortgage rates are indeed expected to fall alongside the lowered Fed funds … [Read more...]

If you have valuable personal possessions – such as jewelry, furs, antiques, art, coin collections, and the like -- insurance is often necessary. But your homeowners' or renters' insurance might not be enough. Limitations on coverage Generally, homeowners’ insurance policy covers the theft, damage, or destruction of your personal property, and there are several limitations. Your personal … [Read more...]