Year: 2020

Understanding Deferment and Forbearance Relief

Due to the Covid-19 pandemic, and the unprecedented economic damage it inflicted, many lenders created deferment and forbearance relief programs to assist borrowers in their time of need. While this was welcomed relief for the unemployed and those suffering from severe reductions in income, consumers participating in these programs should understand what is expected of […]

Better Assumptions = Better Outcomes

When planning for your financial future, assumptions are one of the most critical factors in the process. While many assumptions are in our control, it is those out of our control that gets us in trouble. In the world of finance, there are no extra points for optimism or pessimism. To give yourself the highest […]

November Elections And The Stock Market

With the presidential elections less than two months away, we hear a lot about how the results are likely to affect the stock market. Some believe a Biden win will sink the stock market due to his commitment to higher individual and corporate income tax rates and more regulations. Others believe a Trump win cause […]

Mortgage Rates: Time To Revisit

COVID has permeated our lives to such a degree that it is easy to miss significant opportunities that are right in front of you. Currently, one of the biggest opportunities is historically low mortgage interest rates. In March of this year, 30-year mortgage rates dropped to an all-time low of 3.25%. The 15-year fixed-rate was […]

Bonds: What Are They Good For?

With bonds yields currently at historic lows, I am reminded of the 1970’s hit song “War” by Edwin Starr, where he asked, “War, what is it good for?” and his reply, “Absolutely nothing!” As difficult as it is to appreciate bonds, let me attempt to make the case that bonds, even with a seemingly bleak […]