Why An Adjustable-Rate Mortgage Is Better Than A 30-Year Fixed-Rate Mortgage

In this post, I want to share why an adjustable rate mortgage is better than a 30-year fixed-rate mortgage. I’ve been taking out an adjustable-rate mortgage since 2005. I will continue to do so because they are more efficient. If you haven’t been paying attention, thanks to pandemic fears, the 30-year bond yield and the … Continue reading Why An Adjustable-Rate Mortgage Is Better Than A 30-Year Fixed-Rate Mortgage

The Anatomy Of An Adjustable Rate Mortgage Increase

I’m so excited to share with you something I got in the mail the other day. No, it wasn’t a notification that Financial Samurai had won an award for being the best personal finance site. My site is too focused on understanding hard things to make us all rich to appeal to the masses. Instead, … Continue reading The Anatomy Of An Adjustable Rate Mortgage Increase

Understanding The Yield Curve: A Prescient Economic Predictor

The yield curve is a curve on a graph in which the yield of fixed-interest securities is plotted against the length of time they have to run to maturity. A yield curve is almost always upward sloping, a sign that the economy is functioning properly. To best understand the yield curve, put yourself in the … Continue reading Understanding The Yield Curve: A Prescient Economic Predictor

A Lack Of Emotional Intelligence Is Costing You A Fortune

Recently, I’ve been daydreaming about life before COVID-19. As an extrovert, I generally enjoy plenty of human interaction. However, sometimes, I come across folks who completely lack emotional intelligence. When I come across such folks, I immediately begin to wonder what happened? Is the lack of emotional intelligence a parental failure? Is it a failure … Continue reading A Lack Of Emotional Intelligence Is Costing You A Fortune

How To Get The Lowest Mortgage Interest Rate Possible

Refinancing a mortgage today is a smart move because interest rates have fallen to all-time lows in 2020 due to the coronavirus pandemic. Investors fled from stocks and into the safety of bonds, thereby pushing Treasury yields and mortgage interest rates to the lowest they’ve ever been. Thankfully, homeowners have gained a huge amount of … Continue reading How To Get The Lowest Mortgage Interest Rate Possible

You Can’t Trust Zillow And Its Estimates

A zillow photography When Zillow.com launched its website in 2005, the world was a buzz with the company’s ability to bring appraisals, called Zestimates, to everyone’s fingertips. It was fun to type in your own home address, or that of your colleague’s or boss’s house to see what they paid. Some of the estimates were … Continue reading You Can’t Trust Zillow And Its Estimates

What Does It Cost To Sell A House? A Look At The Commissions, Taxes, And Fees

https://www.financialsamurai.com/wp-content/uploads/2016/09/real-estate-commission-fees-350x326.jpg I’ve been on strike since 2012. For what exactly? I’m on strike for having to still pay 5% – 6% in commissions to sell a property. Sorry readers who are realtors, I appreciate your support, but the fee is too damn high. Despite the creation of Zillow, Trulia (acquired by Zillow in 2015), and a bunch … Continue reading What Does It Cost To Sell A House? A Look At The Commissions, Taxes, And Fees