The 5 States Where People Are Missing Mortgage Payments the Most

Shelter-in-place mandates and quarantine orders, combined with business shutdowns and job layoffs, have led to an annual estimated decline in the United States’ real gross domestic product (GDP) of 32.9% during Q2 2020. COVID-19 has also led to an increase in mortgage delinquency rates. Housing data company CoreLogic pointed out that in May 2020 (the…

3 Reasons Why the Stock Market Is Doing Well While Unemployment Is High

It’s been quite a roller coaster as of late when reading financial news. For example, recently, within the spate of a few hours, CNN Business posted an article outlining concerning unemployment numbers and a separate article discussing the stock market hitting record highs. How do those two seemingly incompatible things make any sense? How can stocks…

How to Protect Yourself From COVID-19 Financial Scams

Scamming attempts are on the rise as more people seek financial assistance online, due to the Coronavirus. Data from the Federal Trade Commission shows Americans have already lost nearly $70 million to pandemic scams since the beginning of the year. “Many have been filing for unemployment benefits, so when a call or email comes in…

Blog Income Report for August 2020: How I Earned $45,473.20 Blogging (Last Month)

August was another very successful month for my blog and the second highest in terms of revenue generated for this year, which I’m especially grateful for, considering I was on vacation for most of the month. Income came in at $45,473.20 and I brought in 320,767 readers—with a solid 398,916 unique sessions. Now, digging into…

Mortgage SimpleScore Methodology

We’ve created the SimpleScore to help you objectively compare products and services here at The Simple Dollar. Our editorial team: Identifies five factors to compare across each brand Determines the rating criteria for each factor Calculate an average of those five factor scores to get one SimpleScore We break down each of these five factors…

29 Best WordPress Themes for Bloggers (No Code Themes) in 2020

Finding the best WordPress themes to use on your blog doesn’t need to be a pain. In decade of experience since I started blogging, I’ve tested and used dozens of different WordPress themes (that require no code) across multiple blogs for a variety of purposes. Here are my picks for the absolute best WordPress themes specifically…

What Does the Fed’s 2% Policy Mean for Loans and Mortgages?

It may seem like a small change, but a shift in policy by the Federal Reserve could impact everything from how much you pay for goods and services to your loan’s interest rate. Recently, the Fed announced it would aim for an average 2% rate of inflation. In year’s past, the Fed tried to keep…

The Simple Dollar Guide to the 2020 Presidential Election

On November 3, American voters will decide who sits in the oval office for the next four years. While things will certainly change between now and then, a recent poll from Reuters has former VP Joe Biden at 47% and President Donald Trump at 40% among registered voters. It also showed that voters rank the…

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