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

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

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

Perpetual Failure: The Reason Why I Continue To Save So Much

Whenever things are going well for an extended period of time, I begin to worry. Where did all the bad luck go? Something must be wrong.I’m not sure why life has turned out OK when there are plenty of smarter, more deserving people out there who still struggle. Maybe the exhausted fumes of good karma from a past … Continue reading Perpetual Failure: The Reason Why I Continue To Save So Much