Providers of business mortgage loans offering current mortgage rates and mortgage quotes. Select a local or nationwide provider of mortgage loans that offers business mortgage rates and options that suit your company needs.www.business.com/finance/mortgage-rates/
Business directory to 401k rollover information and advice.www.business.com/finance/401k-rollover/
Retirement industry advisers and consultants.www.business.com/finance/retirement-consultants/
Companies that provide retirement plan benefits, including 401k plans and pensions. Get information on corporate retirement plans, or how to offer retirement benefits for employees.www.business.com/finance/retirement-plans/
401(k) plans allow employees to save for their retirement by contributing a portion of their wages to an individual account. Employers can also contribute to 401(k) plans in the form of employee benefits; be sure your 401(k) vendor can manage your employees’ investments wisely.www.business.com/finance/401k/
Learning about 401(k) plans key terms is a good place to start if you're considering starting up a retirement fund for your employees. From automatic enrollment to matching, after-tax and pre-tax contributions, 401(k) plans have several terms you may want to know before beginning one of these programs. Read More »
The 401k plan grew from a little known tax code loophole--which is where the 401k name came from--to the most common way workers invest for their retirement. This industry possesses trillions of dollars in allocated 401k retirement plan contributions. Read More »
Before you even apply for a loan, you must learn the basics of adjustable rate mortgages. An ARM has an interest rate that changes based on market conditions. The bank may offer a loan of this type for a new vehicle, house, or for a personal loan. The lender determines the basic interest rate, but as the cost of borrowing increases or decreases, so too does your loan.
When taking out a loan, read the fine print carefully. In some situations, the bank uses a specific interest rate on all loans. The bank then has the right to adjust the rate based on other factors. For example, the bank may increase the loan because your credit score drops before you pay the loan back. You want an ARM that changes only as the market changes.
The primary benefit behind the loan is that you have a chance of paying back less. If federal interest rates drop and stay low, then you pay less in interest. On the other hand, when interest rates rise, you are stuck paying back a higher interest rate. The financial institution must give you an adjustment period during which your loan rate remains the same.
For more information on adjustable rate mortgages, please see the resources from Business.com, which is a trusted source for banking information.