Why Duration is Crucial as Interest Rates Rise
You know duration is important, but let’s look at why it’s so crucial when interest rates rise.
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What is duration and how does it affect bond prices?
There are multiple duration metrics. Learn the difference between Macaulay duration and modified duration and what each can tell you about your fixed income investments.
How Down Payments Affect How Much Interest You Will Pay
You can significantly reduce your mortgage payments, and how much interest you’ll owe, by making a larger down payment. On a $500k property, a 15% down payment can save you $28k in interest alone, when compared to a 5% down payment.
Buying a Home? Let’s Talk Down Payments
Between government requirements, how much is in your savings, and mortgage insurance, there are many things to consider before making a down payment. Before spending all your savings, walk through the math with this simple guide.
Financial Scams – How Bridging Finance Stole Millions
If you thought Bridging Finance was the real deal, then I’ve got a bridge in Brooklyn to sell to you. Learn about the private lending scandal that could cost investors upwards of a billion dollars.
Manage Your Credit Now to Ensure Good Mortgage Rates
Running up credit card debt can tank your credit score and keep it in the gutter for seven years. Before you sign up for the first card you’re offered, make sure you understand what you’re getting into.
