Understanding APR (Annual Percentage Rate) in Mortgages
When shopping for a mortgage, you’ll likely come across the term “APR,” which stands for Annual Percentage Rate. APR is an important concept to grasp as it provides a more…
Zeno’s Paradox and the Folly of the Monthly Minimum Payment
Suppose you want to walk from the Empire State Building in New York City to the corner of Hollywood and Vine in Los Angeles—a distance of about 2775 miles; and,…
Seize the Opportunity: Mortgage Interest Rates Remain Historically Low!
In today’s market, mortgage interest rates are at their lowest in years, presenting homeowners with a prime opportunity to take advantage of various financial services and resources available online. If…
A Quick Guide To Credit Cards: Understanding the Pros and Cons
Credit Cards: A Valuable Financial Tool We all encounter situations where our monthly expenses seem to outweigh our income, leaving us in a challenging financial position until the next paycheck…