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Category: financial blog

15 Jun, 2022
Reaves & Lee

Mortgage Rates Expected To Soar

Why are the mortgage interest rates going up? The mortgage interest rates are going up because the Federal Reserve is raising the federal funds rate. The federal funds rate is the rate at which depository institutions lend...

22 Feb, 2022
Reaves & Lee

Second Mortgages and Bankruptcy

It is not uncommon for people who have fallen into financial troubles to take out a second mortgage on their home. Taking out a second mortgage on the home is not uncommon for people who find themselves in financial...

8 Jul, 2021
Reaves & Lee

What Is Credit Counseling?

Credit counseling is a service offered by nonprofit organizations, called credit counseling agencies, or credit counselors. Credit counselors work with you to develop a plan to reduce and repay your debt. These plans can be...

8 Nov, 2020
Reaves & Lee

Financial Mindfulness

In a year of turbulence and economic challenges, people are focusing on self-care more than ever. When it comes to taking care of yourself and your family, focusing on self-improvement and goals can be a great distraction...