Search Results for: finance

4 things U.S. Workers Need to Know About Beating Inflation if Disability Strikes

4 things U.S. Workers Need to Know About Beating Inflation if Disability Strikes

The Social Security Administration implemented their highest cost-of-living adjustment (COLA) in four decades earlier this year. This annual COLA is based on increases in the Consumer Price Index as reported by the U.S. Bureau of Labor Statistics. This means former workers receiving Social Security Disability Insurance (SSDI) benefits saw an increase of 8.7% in their…

Mayberry Homes: Bringing Affordable Home Ownership to Houston

Mayberry Homes: Bringing Affordable Home Ownership to Houston

Initiatives have been passed by Houston Mayor Sylvester Turner and City Council in support of creating more affordable housing projects, in alignment with the affordability objectives that will span over 40 years by the Texas Department of Housing and Community Affairs. This flexible roadmap to homeownership is tailored specifically for households earning 120% or below…

Mortgage Pre-Approval Is a Must Before an Offer
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Mortgage Pre-Approval Is a Must Before an Offer

By Marla Lewis, President of the Houston Black Real Estate Association Before even starting to search for your dream home, get pre-approved or pre-qualified for a mortgage to know your limits and the best type of financing available. With the current limited supply of homes on the market and the multiple offers many properties draw,…

Understanding How Homeowners Associations (HOAs) Work
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Understanding How Homeowners Associations (HOAs) Work

By Marla Lewis, President of the Houston Black Real Estate Association  If you plan to buy a home or condominium this year, keep in mind that the property may be governed by a homeowners association, or HOA. More than 63 million people live within communities that are overseen by HOAs, according to the Community Associations…

Knocking Down Barriers for First-Time Homebuyers
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Knocking Down Barriers for First-Time Homebuyers

Owning a home has long been an aspiration for many people across America, and one of the most effective ways to build generational wealth. Yet, due to the effects of the ongoing COVID-19 pandemic, rising interest rates, and housing affordability concerns, including the lack of affordable housing supply, homeownership may seem out of reach for…

8 Tips for a Successful Home Renovation
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8 Tips for a Successful Home Renovation

by d-mars.com News Provider Thinking of remodeling your home? From safety and security to product and contractor selection, there are many factors to consider. Follow these eight remodeling tips to help minimize hassles during a renovation: Bottom line: working with reputable professionals makes all the difference in the quality of the work and the materials…

Understanding How Homeowners Associations (HOAs) Work
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Understanding How Homeowners Associations (HOAs) Work

By Contributing Writer Marla Lewis, President of the Houston Black Real Estate Association If you are setting your sights on buying a home or condominium, keep in mind that the property may be governed by a homeowners association (HOA). More than 63 million people live within communities that are overseen by HOAs, according to the…

Knocking Down Barriers for First-Time Homebuyers
|

Knocking Down Barriers for First-Time Homebuyers

Owning a home has long been an aspiration for many people across America, and one of the most effective ways to build generational wealth. Yet, due to the effects of the ongoing COVID-19 pandemic, rising interest rates, and housing affordability concerns, including the lack of affordable housing supply, homeownership may seem out of reach for…

Third Ward Community Cloth Cooperative: An Evening Honoring Distinguished Public and Community Servants!

Third Ward Community Cloth Cooperative: An Evening Honoring Distinguished Public and Community Servants!

Third Ward Community Cloth 30th Anniversary Celebration Honors Distinguished Public and Community Servants For three decades, The Third Ward Community Cloth (the Cloth) has served a vital role in extending the outreach of community organizations, agencies, churches, schools, and businesses, that provide life-enhancing services, programs and resources for Third Ward children, youth, and families. As the Cloth’s outreach has grown to include…

Not Investing? No Worries: 5 Simple Tips for Getting Started
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Not Investing? No Worries: 5 Simple Tips for Getting Started

If you’re unsure of how to start planning for your financial future through investing, you’re far from alone. In fact, it might surprise you to know that 80 million Americans are interested in investing but don’t know where to begin. Yahoo Finance even reports that 54% of millennials have less than $5,000 of their money…

7 Tips for Finding a Medicare Plan That Works for You
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7 Tips for Finding a Medicare Plan That Works for You

Feeling overwhelmed by your Medicare options? There’s a good reason for that. With more than 3,000 Medicare Advantage plans, over 700 Part D Prescription Plans available and an array of carriers offering Medicare Supplement plans, there’s a lot to consider. “Whether this is your first time enrolling in Medicare or you’ve been through the process…

Just for Pregnant Women? Nope! Surprising Things You Might Not Know About Medicaid
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Just for Pregnant Women? Nope! Surprising Things You Might Not Know About Medicaid

Health care is essential for everyone throughout their life. To further equity, improve outcomes and increase access, it is important people are able to get the care they need when and where they need it. However, the American healthcare system can be complex. Medicaid is a government-sponsored program to help provide low and often no-cost…

Bank of America Offers Zero Down Payment Mortgages To Black, Latino Borrowers
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Bank of America Offers Zero Down Payment Mortgages To Black, Latino Borrowers

Bank of America announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain African American and Hispanic neighborhoods in Charlotte, Dallas, Detroit, Los Angeles, and Miami. According to a news release, the Community Affordable Loan Solution aims to help eligible individuals and…

Understanding How Homeowners Associations (HOAs) Work
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Understanding How Homeowners Associations (HOAs) Work

By Contributing Writer Marla Lewis, President of the Houston Black Real Estate Association If you are setting your sights on buying a home or condominium, keep in mind that the property may be governed by a homeowners association (HOA). More than 63 million people live within communities that are overseen by HOAs, according to the…

Fearing a Recession, Many Express Misgivings About a Looming Downturn
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Fearing a Recession, Many Express Misgivings About a Looming Downturn

Written by: Stacy M. Brown, NNPA Newswire Senior National Correspondent In the past, it hasn’t always been clear when a recession loomed, let alone when it has already begun. However, the silver lining now is that, unlike in previous downturns, the Federal Reserve and the U.S. government have already taken action by making critical adjustments…

Want To Become Financially Healthy? Learn How Tech Tools Can Help
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Want To Become Financially Healthy? Learn How Tech Tools Can Help

Could your finances use a checkup? If so, you’re not alone. According to the Financial Health Network, “Financial Health Pulse: 2021 U.S. Trends Report,” nearly two-thirds of Americans struggle with financial health. But what does that mean? The study considered factors such as people’s ability to pay bills, their amount of short-term savings, and their…

Comerica’s Irvin Ashford Jr. Named A Most Influential Black Executive in Corporate America Listing
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Comerica’s Irvin Ashford Jr. Named A Most Influential Black Executive in Corporate America Listing

For the second time in three years, Comerica Bank Chief Community Officer Irvin Ashford Jr. has been named as one of Savoy’s Most Influential Black Executives, a definitive listing of African American executives, influencers, and achievers impacting corporate America. “Weare proud to present the 2022 Most Influential Black Executives in Corporate America. We assembled an…

How To Improve Cash Flow for Small Businesses
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How To Improve Cash Flow for Small Businesses

The last few years have been rocky times for the 32.5 million U.S. small businesses, according to the U.S. Small Business Administration (SBA). They have faced big challenges such as the COVID-19 pandemic, labor shortages, and rising inflation. These firms, which account for 43.5% of gross domestic product, are also facing a lending crunch. The…