What a Mortgage Broker Can Do For You

October 22nd, 2015

mortgage brokerMany home buyers obtain their loans through a mortgage broker. This is a person who is in the professional business of filtering and compiling through the numerous options for you. They act as your agent and hunt through lenders to get you the best possible loan terms depending on your goals and financial situation. Most of the states require mortgage brokers to have a license and in some cases brokers are certified through the National Association of Mortgage Brokers (NAMB).

How a Mortgage Broker Can Help You

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The Pros and Cons of Money Market Funds

October 12th, 2015

money market investmentsInvesting can be a daunting proposition, especially if you have never ventured into the game before. It can be a challenge to figure out what is a sound investment and what isn’t, and how to balance the potential for profit with the potential risks. When it comes to money market funds return rates are in the low single digits, which is less than stocks or other entities, but the risk to the principal investment is also lower than with other types of investments. There are pros and cons to money market funds and this article examines both sides of that coin.

The pros

A solid investment in an unstable market

When the market is volatile, it can be a challenge for investors to know where to put their money. Money market funds are a great place to safely put your money. This is because money market accounts are less risky in a downward market than stocks and bonds. And even though the return on these investments can be lower than with other types of investments, in a volatile market even a small return is welcome.

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