Refinancing booms hit whenever mortgage rates drop significantly, falling below the trigger rate for many homeowners. This trigger rate is not the same for everyone — it’s the rate a homeowner decides is low enough to make refinancing worthwhile. There have been several refinance booms since the early 1990s.  Generally, if refinancing will save you […]

The coronavirus has definitely affected everyone around the world in some way.  In some cases, people have fell ill or even worse, died from the virus.  There has been nationwide lockdown across the globe, effecting businesses and of course the economy.  But once the Covid 19 pandemic is over, how would things change and what […]

A recession is defined as a period of at least two consecutive quarters in which the economy is in decline, but, as the National Bureau of Economic Activity notes, many factors can come into play, including Gross Domestic Product, Gross Domestic Income and the depth of economic activity decline. Therefore, recessions don’t always involve two […]