If you’re old enough to collect Social Security you might laugh out loud reading this from today’s WSJ: “U.S. mortgage rates have hit their highest level since 2014, a new challenge for a housing market that has been central to the economic recovery but remains vulnerable to even modest headwinds. The rate for a 30-year fixed-rate mortgage rose to 4.46%, the highest in more than four years and the ninth consecutive week of increases, according to data Thursday from mortgage-finance giant Freddie Mac.”
While everyone is talking about the “sharing” economy, I have yet to speak with an investor who regrets buying their home 40 to 50 years ago.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Buying A Boat: Who’s Looking Out for You? - August 12, 2022
- Corporate Borrowers Giving Up on the ESG Market - August 12, 2022
- Even the ACLU Hates Gavin Newsom’s New Gun Control Law - August 12, 2022
- Your Survival Guy’s Favorite Number is 72: Here’s Why - August 11, 2022
- WHOLE FOODS CEO: “Socialists Are Taking Over” - August 11, 2022