During my days of purchasing homes with mortgages, I had a fondness for adjustable-rate mortgages (ARMs). The appeal lay in securing a lower interest rate compared to a […]
The Percentage Of Homebuyers Who Pay Cash And Why They Do
Partially thanks to high mortgage rates, the percentage of homebuyers who pay cash has risen. As of September 2023, according to Redfin, 34.1% of U.S. home purchases were […]
Why Pay Off A Negative Real Mortgage Rate When Inflation Is So High
Paying off a mortgage with a negative real interest rate is a suboptimal financial move. However, that’s exactly what I did in this unusually high inflationary environment. Bad […]
Why It’s Better To Pay A Small Mortgage Fee Than Get A Large Credit
Imagine getting a $55,077 mortgage credit rather than paying a mortgage fee to get a new loan. A $55,077 mortgage credit was what I was quoted for a […]