With the real estate industry finally lowering commission rates after August 17, 2024, a battle is brewing among brokerages and agents to win business. For example, Sotheby’s has […]
Navigating Retirement: Dynamic Safe Withdrawal Rates In Action
One of my ongoing challenges as a writer is explaining financial concepts in an easy-to-understand manner. With a background in business school and 13 years at Goldman Sachs […]
Components That Affect Mortgage Rates The Most
Contrary to popular belief, the Federal Reserve does not exert complete control over mortgage rates. Instead, it influences them, with the bond market determining the subsequent course of […]
When Will The Fed Cut Interest Rates? A Forecasting Exercise
Investors and particularly homebuyers are wondering when will the Fed finally start cutting rates? After 11 rate hikes so far since 2022, investors and homebuyers are starting to […]
Adjust Your Extra Principal Automatic Mortgage Payment When Rates Rise
I realized something important for all of you who have automatic mortgage payments and also like to automatically pay down extra principal each month. It is don’t forget […]
No Regrets Getting An ARM Despite Higher Mortgage Rates
On August 1, 2020, I took out a 7/1 adjustable rate mortgage (ARM) at 2.125%. I could have gotten a 30-year fixed-rate mortgage for 2.75%. However, I wanted […]