Will the mortgage rates be 3%again?

Will the mortgage rates be 3%again?

In 2021, the average 30-year mortgage rate fell below 3%-now it is around 6.75%. If you are in the market for a mortgage loan, you may be wondering if you should wait until the interest rates fall significantly before you buy a house. When will the mortgage percentages finally fall close to the brand by … Read more

When will mortgage rates drop to 4%?

When will mortgage rates drop to 4%?

If you are in the home market, it is understandable to wonder when the mortgage rates will decrease. While interest rates may not fall to 3% again, what about 4%? Even before the Covid-19 pandemic, the percentages lingered at or below 4%. The average interest rates for a 30-year-old fixed-interest mortgage rate remained over 6.5% … Read more

We asked Chatgpt what would happen to the economy if every American had the same net value

We asked Chatgpt what would happen to the economy if every American had the same net value

Your net value gives you a momentary photo of your financial health. To calculate the net value, take all your debt from your total money and other assets. Assets include money in the bank, plus the market value of your investments, together with its own capital in your home, vehicles and other properties. Based on … Read more