Bank-Owned Mortgage Life Insurance – Here’s What You NEED To Know

Question. My husband and I have recently purchased our first home together. Actually, we’re just in the final stages of the process, and wondering about insurance. The mortgage representative at our bank said we should buy our insurance at the bank because it’s made specifically for this purpose. Actually, she told us that mortgage insurance is mandatory for us. Is […]

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Fees, Facts, and Fiction

According to renowned investment consultant, Charles Ellis, investors innocently describe mutual fund fees with one four-letter word and one number – both word and number are wrong. The word is “only,” and the number is often “1%.” So, when referring to mutual fund fees, we end up with statements like “It’s only 1%.” That may be true in the United […]

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