Using home equity to pay off your mortgage? Here are the pros and cons

Consider the pros and cons before using home equity to pay off your mortgage. By using home equity, you can eliminate your biggest monthly bill, delay principal payments, and have leftover equity for other expenses. However, you'll still have a monthly bill, may face prepayment penalties, and experience changing payments with a HELOC. Continue to full article...

Want to move to The Greater Las Vegas? Learn more here: https://linktr.ee/CarolStromRealty | Happy Mother’s Day

Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying...

Federal Reserve says interest rates will stay at two-decade high until inflation further cools

The Federal Reserve stated that it will not cut interest rates until it sees sustained slowing of inflation to its 2% target. The Fed's decision comes after reports of high inflation and economic growth. The central bank is now more cautious about its rate-cutting plans due to persistent inflation pressures and strong consumer spending. Continue to full article...

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