In 2020, housing market interest rates hit and remained at historic lows. Government-backed home loans and refinance loans plunged into the low two percent range with a 52-week average for these mortgages and refinance loans at roughly 2.25%. I wrote about these conditions all through 2020, and the number of people including those in my own family who refinanced their home loans last year or in early 2021 was probably higher than any time in … [Read more...]
Not All Saving Cash Advice Is Good Advice
I read a lot of blogs about saving cash. And one thing I encounter again and again? Terrible advice on how to save money. One blogger I recently had a good laugh at (until I started thinking about how truly awful the advice is) provided a list of suggestions which include--and I kid you not--making your own toilet paper and dumpster diving in a list of “50 Ways To Save Money”. Let’s talk specifically about the bad advice related to getting … [Read more...]