If you are on the market of the house, it is understandable that the mortgage rates will decrease. Although interest rates may not become up to 3%again, and how about 4%? Even before the Covidid-19 pandemia, the norms remained 4%or less. The average 30 -year fixed mortgage interest rate this year remained more than 6.5%, … Read more
How much money does it take to retire comfortably? Using 2022 Federal reserve users’ financial survey, the net value of the Retrees was divided into six steps, offering a sudden financial health picture to people 65 years of age and older. Fed in these stages is not fully listed, but the data based on percentages … Read more
Your net value gives your financial health picture. To calculate the net value, subtract all your debts from the total cash and other assets. The assets include money to the bank, as well as the market value of your investment, as well as property in your home, vehicles and other assets. Based on the US … Read more
Submitted by Michael S. Derby New York (Reuters) -Respon’s Senator’s plan to deprive the federal reserves of the power to pay banks’ interest on cash, which they built in central bank books can lead to chaos to the money policy if it was implemented, said market players said. In recent days, senator Ted Cruz from … Read more
Have you ever wondered how your nest eggs are loading when you almost retire? If you are 60 years old and wonder what you need to get to the impossible 1 percent. According to the Federal Reserve, the average net value of the 60s and the early 70s is $ 266,400. It’s a lot, much … Read more
Perhaps you live in a 5,000 square meter home at the gate. You are driving a luxurious SUV, every summer you are on vacation somewhere new – maybe Italy, maybe Bora Bora – and swipe the card to Whole Foods, never checking out all. On paper your life looks rich. But you? That’s where everything … Read more