TruStone Financial Blog

There are a variety of ways that you can pay for higher education, such as financial aid, scholarships, student loans or savings. It is important to think about your unique financial situation when deciding where to attend college, and how you intend to pay for the costs.

As you’ve probably heard, the Federal Reserve Board has discussed raising the Federal Funds Rate at least three times this year. This rate isn’t the only factor affecting the interest rates you pay on loans, but when it rises, other rates tend to increase, too. What will that mean to your monthly loan payments? That depends largely on the type of loan and, particularly, whether it has a fixed or variable rate. Here, we share insights to help you plan for potential change.

Did you know? If you’re a homeowner, you may qualify for significant breaks on what you owe Uncle Sam. Read on to learn about some common home-related deductions and credits you could enjoy.

 

Whether you just returned from the doctor’s office or simply checked your mailbox, you may find yourself with a variety of personal information documents. It’s easy to just file these away or toss them in the trash, but we want to help you sort out what’s worth keeping and what’s worth shredding. That way, you not only keep your personal information safe, but get to organize that pesky filing cabinet.

Whether you just returned from the doctor’s office or simply checked your mailbox, you may find yourself with a variety of personal information documents. It’s easy to just file these away or toss them in the trash, but we want to help you sort out what’s worth keeping and what’s worth shredding. That way, you not only keep your personal information safe, but get to organize that pesky filing cabinet.

After seeing record low interest rates in 2020 and 2021, we’re all waiting to see what 2022 will bring. Current projections for 2022 anticipate increases in mortgage rates throughout the year.

While the housing market will not always move as fast as it is today, it’s always good to understand the mortgage process (even if it’s just a refresher) so you're ready to take quick action. Being prepared may make all the difference.