Reverse mortgages articles
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Today's 30-year mortgage rates plummet while 15-year mortgage rates rise | May 1, 2024
The interest rate on a 30-year fixed-rate mortgage is 7.125% as of May 1, which is 0.375 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.625%, which is 0.125 percentage points higher than yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms, and fees to ensure you get the best deal. Rates last...
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Reverse Evolution and MAGA
by Anonymous Evolution is quirky. On the face of it, the genetically fittest survive long enough to reproduce faster and better, so their genes come to dominate the species gene pool. That works, that is, until the process produces an organ, the human brain, that is able to reverse-engineer genetic progress. Then things go to shit in a flash. Why? Because that organ evolves non-biologically faster than its host ever could through gene mutation and...
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Should I Pay Off My Mortgage Before Retirement or Invest?
Inflation hits people on a fixed income the hardest. Say you’re retired. You’re living off a pension or Social Security (plus drawing down your retirement investments, which include plenty of bonds). It hurts when your dollar keeps losing purchasing power. It can be scary to be in that situation with a large mortgage obligation. So […]