The cost of a mortgage went up last week, and my Email inbox is starting to overflow again with questions from people who are worried about an interest rate escalation. Should they go long or short? Is this the start of an evil spiral that will [...]
There are some weird things going on in the markets these days, and if you are a stock or mutual fund investor, or especially a dot-com commando, then I think you’d be smart to indulge in some sober second thought. Yeah, it’s time [...]
Some people are still convinced the only way to fly is with a fixed rate. The security is nice, but it could be costing you money.
With the 30 year bond at its highest level in about two and a half years, fixed rates do not look all that attractive at the [...]