Finance

Are you looking for a way to lower your monthly mortgage payments? Refinancing your home loan could then be a better option for you. Refinancing involves replacing your existing mortgage with a new loan program. It works similarly to your first mortgage but you simply choose to work with a different lender who is offering…

Before we delve on the reasons concerning why you should invest in mutual funds, let us quickly recall what a mutual fund is. It is simply a professionally managed investment tool wherein an AMC (asset management company) or a fund house pools money of several investors and invest in various securities to meet the cumulative…

Introduction The Bajaj Finserv EMI Network Card is a payment device that can be used to buy a range of home appliances, electronics, lifestyle products, and even some life care services. You can break down the cost of these goods or services into manageable EMIs with the Bajaj Finserv card. Since the EMI card is…

Having a home is considered a synonym for prosperity and status in India, which is why a lot of people are keen on purchasing their own residential property as soon as possible. However, a home could mean differently for people. For some it could be a flat or an apartment, for some others it could…

Since lenders take several factors into account when determining home loan interest rates, knowing those factors will help you find the best deal with the lowest interest rate. One of the essential financial contributions we will make in our lives is a home loan. With a loan period of at least 15 years, even a…

Investors are always on the lookout for ideal tax-saving investment options for their portfolios. With so many investment options offered to them, they might get easily confused. One such tax-saving investment is ELSS funds. ELSS mutual funds have gained a lot of traction in the last one or two decades, and for all the right…

It’s no secret that the current COVID-19 crisis has had a tremendous impact on people’s financial well-being. Subsequently, one of the direct impacts was on mortgage payments. At the height of the coronavirus spread, nearly one in six homeowners in the UK chose to make payment deferrals on their mortgages. Now, with the pandemic slowing…

Gold and silver have been having a difficult time gaining traction, and with the US dollar starting to percolate, the precious metals have come under pressure. Historically, as the dollar trades higher, commodities, which are quoted in US dollars, fall in value to accommodate higher value. The reverse is true when the US dollar falls…

Debt consolidation involves combining multiple debts and converting them into a new loan to pay off other consumer debts and liabilities. The new loan taken is in the form of a single, larger debt, which comes with more favorable payoff terms like lower monthly payment, a lower interest rate, or both. Debt consolidation is a…

Any individual can feel the need to avail a personal loan at some point of time or the other. The nature of this loan covers a variety of personal financial requirements. In the past times, the approval and verification process to avail any personal loan was too hectic and lengthy. Both the private and the…