On September 11, 2001, the world as we knew it changed, forever. Most of us have emotional and shocking recollections of the moment when we first saw the images of a smoking World Trade Center. We soon learned that our country was the victim of a terrorist attack, including two planes hitting the World Trade Center towers in New York City, another crashing into the ...Continue Reading →
Recently, we’ve seen images on television and across the internet that seemed unimaginable, as the city of Houston was underwater after Hurrican Harvey struck. Of course, our thoughts and donations go out to the victims of Harvey, as we wish them a speedy and safe recovery, but our minds also turn to the inevitable question: could something like that happen here in Sacramento?
Actually, ...Continue Reading →
It’s a strange paradox. Homeownership rates are at 50-year lows in the U.S. right now and interest rates are still low, which leads us to believe it’s a perfect time to take advantage and buy a home. But in Sacramento and other cities, inventory levels are so low that it’s actually difficult to find the ...Continue Reading →
Our economy seems to be rolling along nicely, with a full recovery from the Great Recession and the stock market hitting record levels. But is all well and good with the economy when it comes to American consumers spending, debt, savings, and retirement?
Here are 25 frightening financial facts to ponder:
1. 52% of Americans are spending ...Continue Reading →
Are you safe from identity theft or other financial fraud from someone assuming your identity? You may think everything is perfectly fine and that no one is using your identity to open up new credit cards, commandeer debit cards, or take over your financial accounts, but if you haven’t checked your credit report lately, you may be in for an unnerving surprise.
In fact, identity theft, ...Continue Reading →
Can you believe the summer is already almost over and the kids will be going back to school? Me neither! Here are 35 fun facts about back to school craziness to help you cope!
1. There are approximately 33 million elementary school children in the U.S, 17 million kids attending high school, and 8.8 little ones in ...Continue Reading →
Navigating the credit score landscape is sometimes treacherous for consumers, with so much confusing and seemingly contradicting information about scoring models, multiple credit bureaus, reporting guidelines, and plenty of websites offering “free” credit scores.
In fact, when someone clicks on one of those offers to view their credit score, they will quickly find out that the free offer:
1) Isn’t free, and
2) Also may not be ...Continue Reading →
Are you looking to buy a home?
Your first thought may be to get online and start looking at houses, call a Realtor friend you know to help you, or even to pay a visit to your local mortgage broker. While all of those things will be tackled in due time, the very first step you ...Continue Reading →
Cue the band, roll out the red carpet, and drop the confetti, because America just got some great (credit score) news: the average U.S. FICO score has reached 700.
FICO, which is one of several credit scoring models but also the most widely used one by lenders, including mortgage lenders, reported that the average score hit 700 for the first time ever. FICO scores are based on a 300-850, and lenders and creditors usually consider above 740 as “prime” credit, giving ...Continue Reading →
Over the past few decades, fitness has climbed from a P.E. class and garage weight set afterthought to a multi-billion dollar industry. Getting people to work out and try to be healthier has also never been more necessary, as according to the Centers for Disease Control, almost 70% of Americans over the age of 20 are overweight, including 35% that are considered obese.
But just signing up ...Continue Reading →