The housing market continues to heat up alongside the post-pandemic boom. The limited supply of homes, historically low interest rates, rising financial asset prices and other factors have created a sense of urgency among many to buy new homes and list their existing ones. As the market further eclipses pre-2008 levels, how does this affect investors?
When faced with a shocking medical diagnosis, it’s natural to let emotions—sadness, anger, depression—take over. Another common emotional response, fear, causes many people in these situations to want to immediately hit the ground running and take action for action’s sake—for example, by starting whatever treatment is most readily available. Carlin’s advice: Slow down. Start by internalizing two foundational concepts that will help guide you through this process more successfully.
Mortgage rates have been a popular discussion topic in our financial planning conversations lately. Historically low interest rates are a benefit to people currently seeking a mortgage or refinancing. Although many have already taken advantage of this interest rate environment, millions of homeowners could still benefit from refinancing. If you haven't already considered it, we want to draw your attention to this opportunity to reevaluate your current interest rate or consider purchasing a home.