Planned Solutions

Refinance Your Mortgage, US Consumer Sentiment Surged In January, 529 Plans To Repay Student Loans

Informações:

Sinopse

In this episode of the Planned Solutions Incorporated Podcast, Mortgage rates have declined recently from very high levels. This has caused some homeowners who purchased a new home last year during the higher interest rate environment to consider refinancing their mortgage to capture the lower rates. While mortgage interest rates are a big factor in determining whether it makes sense to refinance a mortgage other factors should be considered as well. Also, US Consumer Sentiment surged to end 2023 as yet another positive sign that US consumers will continue to support US economic growth. Consumer Sentiment is an inverse indicator meaning that investors often want to buy when it is low and reduce risk when it is high. Now, the Consumer Sentiment is no longer at bargain price levels but still is well below its peak from past economic and market cycles. And, 529 educational savings plans now offer several options for plan owners who have funds left over after higher education expenses for the beneficiary are