Why Credit Unions Are a Smart Choice for Auto Loans With the average price of a new car hovering around $45,000, finding an affordable auto loan is critical. If you’ve been searching for the best interest rates and terms, chances are good you’ve come across auto loans from credit unions. Credit unions are not-for-profit financial […]
Author: Reverse Mortgage Cali
How to Manage and Prevent Overdrawn Accounts It’s easy to overdraw your account if you’re not keeping track of each transaction you make. Unfortunately, overdrawing your account can create a domino effect of negative consequences, including late or missed payments, fees, and even account closure if you don’t get your account back in the black […]
Investing Strategies for 2024: A Comprehensive Guide As we approach 2024, the economic landscape is showing signs of stability and growth. With the Federal Reserve’s aggressive actions to curb inflation, the outlook for the coming year is optimistic. Whether you’re a seasoned investor or just starting, it’s crucial to stay informed and adapt your strategies […]
At O1ne Mortgage, we prioritize consumer credit and finance education, ensuring you make the best decisions for your financial future. This blog will delve into the fascinating world of travel hacking, a strategy that allows you to travel luxuriously for free by leveraging travel credit card rewards. We’ll explore what travel hacking is, its legality, […]
Maximizing Your Savings with Certificates of Deposit: Avoid These Common Mistakes A Certificate of Deposit (CD) can be a smart choice for those looking to secure a fixed rate of return on their savings, especially when interest rates are high. By agreeing not to withdraw your money for a set period, you can earn more […]
How to Save Money on Your Internet Service The average American spends a significant amount on internet services each year. According to data released in October 2023 by market research company J.D. Power, the average monthly cost for wireless internet service is $79, while wired internet service costs $72. This adds up to over $860 […]
Understanding Early Retirement Packages: A Comprehensive Guide Receiving an early retirement offer can be both exciting and daunting. On one hand, it presents an opportunity to start your retirement journey earlier than planned, often with a severance package and extended benefits. On the other hand, it can feel like a push to leave your job […]
Understanding the Car Loan Process: A Comprehensive Guide Purchasing a car is one of the most significant financial decisions you’ll make. Before diving into the car loan process, it’s crucial to understand the steps involved to ensure you get the best deal possible. While having a dealer arrange financing can speed up the process, you […]
The Impact of Interest Rates on Home Buying In the fall of 2021, the average interest rate on 30-year fixed mortgages was just under 3%. By fall of 2023, due to Federal Reserve rate hikes to curb inflation, it was nearly 8%. Higher interest rates mean higher monthly mortgage payments and lifetime costs of a […]
How to Avoid Homebuyer’s Remorse: A Comprehensive Guide Buying a home is a significant milestone, but it can also be a source of stress and regret if not approached strategically. At O1ne Mortgage, we understand the complexities of the homebuying process and are here to help you navigate it smoothly. Call us at 213-732-3074 for […]