Consumers Choice Report

Posts Tagged ‘Current Rate’

The largest online bookstore spearheading the resurgence of ebooks with its own kingpin ebook reader, isn’t that the perfect union? That was the original Kindle which took the world of reading by storm and we generally agreed that that was the peak of perfection. But no, not quite, we now have the Kindle plus-plus. Yes, the Kindle eBook Reader 2 has arrived, looking better and bringing more.

As with most things modern, reading is inevitably trending towards being e-based. It starts with the shopping, ordering and then receiving (downloading) of the books. All this is accomplished in one go online in a matter of minutes. Even the reading proper is hi-tech. It is reading made easy by technology and if it could ‘change Oprah’s life’, it will change yours too.

Many homeowners are considering taking advantage of today’s historically low interest rates by refinancing their mortgage. In many cases, they are able to save hundreds of dollars per month by refinancing. Whether mortgage refinancing makes sense for you can be easily determined by doing some simple math.

The first consideration is how much lower your new interest rate should be than your current rate. There is a common belief that if current rates are more than 1.5 to 2 percentage points lower than your current rate, then you should refinance. That’s a good starting point, but there is more to the story than just the raw interest rate.

There are many options to help you ease the pain of paying for college.

Section 529

A Section 529 plan can help you prepare for the expense of paying for your child’s college tuition. The standard 529 plan allows you to prepay for college at the current rate for future use. This plan also allows the plan to be free from federal income tax. These plans are increasing in use as the price of college continues to increase annually. If this money is withdrawn for any other purpose than to pay for higher education, the funds will be taxed again.