Refinancing continues to drive mortgage activity

With the entry into force of the updated housing loan refinancing conditions in Lithuania this year, bank customers have an easier way to reduce their payments. Residents say that after dedicating a few hours to the process, they now pay about 30 euros less per month. So, they save 360 euros per year.

Refinancing continues to drive mortgage activity

In March, the average 30-year fixed-rate mortgage reported in the MBA survey fell 17 basis points (bps) to 6.7%, marking a 23 bps decline from a year ago.

Inclusion in Retirement Planning

As U.S. Bureau of Labor Statistics (BLS) reporting shows, the actuarial profession, with more than 30,000 people employed in 2023, projects demand for actuaries to grow by 21% through 2032. This growth indicates not only new job creation but also a potential need to replace retiring actuaries. The concept of retirement has traditionally symbolized a […] The post Inclusion in Retirement Planning appeared first on The Actuary Magazine.

Retirement Planning: The Role of Mortgage Refinancing In retirement…

In retirement planning, mortgage refinancing can play a crucial...