What is a 5/1 adjustable-rate mortgage (ARM)?
A 5/1 ARM is a common type of adjustable-rate mortgage.
Maggie Klokkenga is a CERTIFIED FINANCIAL PLANNER™, CPA, AFC®, and the founder of Make a Money Mindshift, a financial coaching firm in central Illinois.
Maggie has been in the financial services industry for over 25 years, and she thoroughly enjoys helping people put the pieces of their money puzzle together, including solving the ubiquitous question of “Where is my money going?” Maggie teaches that once you discover your WHY, you can adjust your mindset and change your HOWs to achieve your WHATs. She has spoken about money mindset and spending to organizations such as Ladies Get Paid, Sodexo, Salesforce.org, and FemCity, and has been quoted in the Associated Press, CBS News MoneyWatch, NerdWallet, and GoBankingRates.
Learn more about Maggie at https://makeamoneymindshift.com. You can follow her on LinkedIn, Facebook, and Instagram at Make a Money Mindshift.
A 5/1 ARM is a common type of adjustable-rate mortgage.
Should you use your home to enhance your home? It’s tricky, so learn before you leap.
Two of the best options for a 0 percent intro APR credit card are the BankAmericard® credit card and the Wells Fargo Reflect® Card — but depending on your specific needs, one may be a better choice [...]
This type of investment can help diversify your portfolio.
Because your nest egg is money that you’re saving for a special purpose, you want to carefully protect it.
The group’s seven stocks earned their name in 2023 due to their strong performance.
Credit card hacks are popular, but do they actually work? Here’s what to know.
If you often stay at Hyatt hotels, here are some of the credit cards we recommend.