What Is ChexSystems?
admin Definition and Examples of ChexSystems ChexSystems is a consumer reporting agency that tracks checking and savings accounts. Instead of keeping track of your credit accounts, ChexSystems tracks your deposit accounts…
Could the Hot Housing Market Have Hit a Tipping Point?
If there’s a silver lining to the sharp uptick in mortgage rates, it might be the beginning of some balance in the residential real estate market, a new poll suggests.…
What Is an Investment Pyramid?
Definition and Example of Investment Pyramid An investment pyramid is a tiered pyramid that helps investors get some context for what the general risk and reward level is for a…
What Are Uninsured CDs
An uninsured certificate of deposit (CD) is a CD that isn’t insured by the National Credit Union Administration (NCUA) or the Federal Deposit Insurance Corporation (FDIC). Without that insurance, you…
What Is a Short-Term Loss?
A short-term loss is a negative return on an asset that’s held for one year or less, generally speaking. Some exceptions apply to this time frame, where an asset might…
Diccon Hyatt – The Balance
Highlights News reporter for The Balance covering public policy and the economy as well as the mortgage and residential real estate markets Veteran with journalist 18 years of news experience…
What Is a Certificate of Deposit (CD)?
Definition and Examples of a Certificate of Deposit A certificate of deposit is an account in which you place funds and commit to leaving them in the account for a…
How To Choose a CD
A certificate of deposit (CD) offers a low-risk way to invest your money and receive a guaranteed interest rate. Typically, CDs earn higher interest rates than checking, savings, or money…
Rising Rates Curb Mortgage, Refinancing Applications
The volume of mortgage and refinancing applications fell 8.1% last week, and sales of newly constructed homes unexpectedly dropped in February, reports showed Wednesday. Here’s a quick look at the…
Fannie Mae HomeStyle Loan vs. 203(k): What’s the Difference?
Fannie Mae HomeStyle Loan vs. 203(k): What’s the Difference? Skip to content