The size of a company’s market cap (big-cap vs. small-cap) is the defining factor. As a result, the meanings of their names are clear. Large-cap stocks, or big-cap equities, are investments in larger companies. A small-cap stock, on the other hand, is a share in a company with a much lower market capitalization. Because of […]
Tag: mortgages
Mortgage credit certificates: do you know what they are?
Owners of federally taxed homes may be able to minimize their yearly tax bill by claiming a mortgage credit certificate. Even though MCCs provide for annual tax deductions of up to $2,000, the IRS has set a cap on this benefit. Most MCCs are intended for first-time, low-income homebuyers, though specific restrictions vary. Mortgage credit […]
Financial Happiness: Individual Loans
Happy Money’s personal loans with fixed interest rates can be helpful for borrowers who want to consolidate their credit card debt. With a “Payoff Loan,” you can combine multiple high-interest credit card payments into a single manageable one at a significantly lower APR. Applicants may find more success with Happy Money because the company reports […]