by Daniel May | Sep 14, 2023 | Blogs, Financial Planning, FYI by FTE
Buying a home when you are in the military, or must move frequently due to work, can be tricky. We believe purchasing a home only makes sense if you can commit to living in the house for at least five to seven years. If you move much sooner, it is possible the home...
by Daniel May | Aug 31, 2023 | Blogs, Financial Planning, FYI by FTE
Housing prices skyrocketed during the pandemic. The median price of a home sold in the US went from just over $300,000 to nearly $500,000. With low interest rates, the housing market was doing very well even at higher prices. Now we are beginning to see higher...
by Money Guy | Jun 21, 2023 | FAQ, Debt, Debt FAQs
Do I have to put 20% down on my first home? Putting 20% down on a home is ideal, but first time home buyers can use these tips to make a smart home purchase without a large down payment. As a first time home buyer, the prospect of saving 20% of the home price as a...
by Daniel May | Jun 8, 2023 | Blogs, Financial Planning, FYI by FTE
We’ve long been proponents of thinking twice before paying your mortgage off early. With long-term mortgage rates at 3% or less, the decision to invest instead of pre-paying that debt seemed clear for younger investors. Interest rates are now holding steady above 6%,...
by Daniel May | Jul 28, 2022 | Blogs, Financial Planning, FYI by FTE
The housing market is slowing down. Higher interest rates and sky-high prices have curbed housing demand, and we’ve seen purchase applications and existing home sales both decline (illustrated in the two charts below). Public opinion, and expert opinion, couldn’t be...
