Posts Tagged ‘Huntsville’
Rate
Reverse Mortgage rate have come down a ½ point. Mortgage company rate speculators try to “get ahead”. This is not the quarter point we have been waiting for since early 2022. Instead, the rate has gone up for 19 months in a row. I am 50/50 if they will cut it, but if they do it will…
Read MoreReverse Mortgage: Cost vs. Benefit
Pitch for Reverse Mortgage: Cost vs. Benefit I understand that considering a reverse mortgage is a significant decision, and it’s natural to have concerns about the costs involved. Let’s walk through how a reverse mortgage can truly benefit you and why it might be the right solution for your financial needs.” Acknowledging the Concerns: “I know…
Read MoreMortgage Rate Forecast
Mortgage Rate Forecast For 2024: Experts Predict How Much the Mortgage Rate Will Drop. Mortgage rates just can’t seem to get into a sustainable downward groove. After hitting a 2024 high of 7.22% to start May, the average 30-year fixed mortgage rate dropped 19 basis points over the course of the month before rising above…
Read MoreInflation scare
Ron Insana: The 2024 inflation scare has arrived, but there are still signs of hope for investors. U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. U.S. Federal Reserve Chair Jerome Powell holds a press…
Read MoreSocial Security
Today, many of our retired seniors are struggling to make their money last from month to month as inflation has taken a big chunk out of their monthly income! And, many don’t have enough saved and rely solely on Social Security to get by. According to a Federal Reserve study, only 54% of Americans have…
Read MoreHeaded for a Disastrous Retirement
3 Signs You May Be Headed for a Disastrous Retirement A really low savings balance could limit your spending power. An early Social Security claim could leave you cash strapped. A refusal to work might leave you not only low on funds, but bored senseless. The $21,756 Social Security bonus most retirees…
Read MoreVery big Fed week
Hold onto your hats because it’s going to be a very big Fed week Markets will gyrate right up until the Fed announces its interest-rate decision. But don’t forget: Apple reports quarterly results on Thursday, and a big jobs report lands on Friday. It may be too much to say the week coming up is…
Read Moreticking time bomb for retirement income
Study reveals pivots amid ticking time bomb for retirement income. Many people approaching retirement fear they don’t have enough and want to turn to alternatives Study reveals pivots amid ticking time bomb for retirement income. Those approaching retirement in Canada and the US are among those facing an impending crisis in their senior years. Following…
Read MoreMarket crash by 30 percent
Market crash by 30 percent The S&P 500 will crash 30% by December as spending slumps, profits shrink, and banking problems mount, markets guru Larry McDonald warns He sees less government spending, slimmer corporate profits, and banking pressures as key drivers. The founder of “The Bear Traps Report” touts energy and metals as smart bets…
Read MoreFed rate hikes and default fears
Fed rate hikes and default fears: Here’s what could be next for the housing market Homebuyers and renters alike could feel relief later this year as home prices stabilize, mortgage rates decline and rent price growth continues to slow. Economists expect the Federal Reserve to pause rate hikes for a time while it observes incoming…
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