Finance

• The 125% Mortgage

  “Reduce your monthly payments! Save money and be back in control of your debts.” That’s the pitch you hear for second mortgages that allow you to borrow up to 125% of the value of your home. And as more people see their credit card debts creep up, they’re wondering if this type of loan could be the answer to their problems. So let’s take a look at the 125% second mortgage.

• A Starter Savings Account

  A young couple is trying to decide how to best save the extra money they’ve been accumulating each month. They’re interested in either putting the money in a savings account or a low-risk investment, but they aren’t sure which one is their best choice. Learn about the pros and cons of each option, and decide for yourself whether a savings account or low-risk investment is the best choice for you.