After a strong rally to start the year, markets have given back a bit in August thus far, with the S&P 500 down around 3% since its recent high on July 31, the Nasdaq down over 4.0% during this period, and the "Magnificent 7" large-cap stocks are down over 5.0%.

Understanding how a mortgage works is essential for identifying how much monthly payments will be and giving you a clear indicator of the affordability of a loan.

A wobble in fixed income markets last week injected some caution back into the U.S. equity market following a sharp year-to-date rally as a downgrade of the U.S. credit rating from its AAA-status to AA+ by Fitch triggered a sudden rise in market interest rates.

U.S. equities logged another week of gains amid one of the busiest weeks of the year, headlined by several key central bank meetings, the peak of second quarter corporate earnings season, and the release of important economic data points including GDP and inflation.

Your kids learn a lot in school, but sometimes they need a role model to emulate – especially when it comes to important life lessons like managing finances.