On July 16, mortgage giant Freddie Mac announced that the average interest rate for a 30-year home loan had fallen to 2.98% and the average interest rate for a 15-year home loan had declined to 2.48%. A 30-year mortgage at less than 3% interest? A 15-year mortgage at...
It’s no secret that investing in anything that tracks the S&P 500 Index has been one of the hottest investments over the last 5 years. The performance of this index (made up of U.S. large company stock) is now in positive territory for the year after one of the...
After a shock to the stock market how is real estate holding up? So much attention has been given to the stock market over the last 90 days that I thought it would be good to review what is happening in the real estate market. During the “Great Recession” of...
Sudden market downturns can be unsettling. But historically, US equity returns following sharp downturns have, on average, been positive. A broad market index tracking data since 1926 in the US shows that stocks have tended to deliver positive returns over one-year,...
In the past century, there have been 15 recessions in the US. In 11 of them, stock returns were positive two years after the recession began. With activity in many industries sharply curtailed in an effort to reduce the chances of spreading the coronavirus, some...
The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law recently. Below you will find a list of the new emergency relief options for individuals to consider. We are developing strategies around items in the relief act to save you money....