Key Takeaways Cryptocurrency crowdsales are a method for getting new digital assets into circulation. Cryptocurrency crowdsales raise funds for developing a new digital asset that uses tokens and blockchain technology.…
A premium bond is a bond that is selling for more than its par value on the open market. Bonds usually trade for a premium if their interest rate is…
A contra asset is a negative account used in double-entry accounting to reduce the balance of a paired asset account in the general ledger. Learn why contra accounts, when used…
Suitability for homeownership depends on many factors. How’s your financial situation? Are you ready to settle down? Some red flags should prompt you to ask yourself whether you really want…
You’re buying a home. You’re excited to move in. Then the sellers ask whether they can rent-back the property for 30 days after closing. In other words, you’d become a…
Key Takeaways A documentary transfer tax is imposed in many situations when real estate is sold, and ownership of property is transferred. The tax is usually a percentage of the…
Junk fees are excessive fees charged by banks and financial companies. These fees often aren’t included in the original estimate and are extra charges imposed after the consumer has already…
The average 30-year mortgage rate stayed above 5% as rates reversed course again, almost reaching their recent peaks. The average rate offered to homebuyers using a conventional 30-year fixed mortgage…
This week, the Biden-Harris administration announced an action plan to address racial and ethnic bias in the homebuying process in order to make home valuations fairer for Black and Brown…
A certificate of deposit (CD) is a savings account that pays a guaranteed interest rate, often based on how long you keep it in the CD. Longer terms often offer…
admin