Tag

low interest rate

Status Symbols, June 2012 Edition

Refinancing Into a 2.75% Fixed Rate, 15-Year Mortgage Ok, so it’s not a Porsche or a 2 week Hawaiian vacation, but you could do worse than scoring a 15 year mortgage at 2.75% today. What that says about you: –You own a home; –You actually have equity in your home — and therefore can borrow against...
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Home Sellers, Renting & Opportunity Cost

Side Effect of Strong Rental Market, Miniscule Interest Rates For the vast majority of Sellers, threatening to rent if they can’t get their price is a bluff (see, “The Rental Bluff“). The exception to that? The owner of an older, dated home, with substantial equity, who doesn’t need the money for another home and isn’t about...
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Monthly Interest: $3.718239

“An Rose Interest Rate Goose Egg By Any Other Name” Maybe it’s just the bank where I have my savings account, but it seems like there is a new policy afoot to add a bunch of decimal places to the numbers on my monthly statement. So, instead of earning $3.72 in interest in September, my bank now...
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