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...
by Money Guy | Jun 17, 2022 | Podcasts, Featured
Housing prices have gone up over 30% in the last two years, and over 70% when you account for rising interest rates. However, there are some glimmers of hope in the housing market for those looking to buy. Will the market cool off anytime soon? How can you buy a house...
by Daniel May | Jun 16, 2022 | Blogs, Financial Planning, FYI by FTE
If you don’t already own a home, it may seem more difficult than ever to purchase one. In less than two years, home prices, illustrated on the chart below, have increased 32.9%. As someone struggling to get into a home myself, it doesn’t feel like the market will ever...
by Daniel May | Mar 10, 2022 | Blogs, Financial Planning, FYI by FTE
If you are trying to buy your first home right now, you are probably not having a great time. Mortgage rates are low, but buying a home has rarely been more difficult, especially for first-time buyers. Low inventory and high demand has caused home prices to skyrocket...
