by Keith Weinhold | Dec 14, 2022 | Blog
The ideal inflation rate is zero just like the ideal theft rate is zero. But that’s not the world we’re living in. A lot happened on November 12, 2022. October’s inflation number was reported at 7.7%. This is kinda like getting an apple at...
by Keith Weinhold | Nov 29, 2022 | Blog
I’m sorry that you didn’t win the Mega Millions jackpot. But at least you’re paying less in mortgage interest. 30-year mortgage rates hit a two-month low, from 7.08% down to 6.58%. But their spread above the 10-Year Treasury bond yield is...
by Keith Weinhold | Nov 22, 2022 | Blog
On the heels of the latest investing industry fraud, I’m still marveling at how closely the name of FTX’s disgraced Sam Bankman-Fried resembles Scam Bankrupt-Fraud. Housing price predictions are below. Though everyone needs a place to live, fewer and fewer...
by Keith Weinhold | Nov 8, 2022 | Blog
Is the housing market more mercurial than Kyrie Irving? Not really. Some of this is predictable. 2020’s supply crash helped lead to 2022’s sales volume crash. The number of home sales are down 28% just from the start of this year (chart). Why have sales...
by Keith Weinhold | Oct 26, 2022 | Blog
The best income properties are typically outside of your home state. How do you confidently buy property “sight unseen”? I’ve bought this way successfully for more than 10 years. (I was recently interviewed on TV about it here.) Those that insist on...
by Keith Weinhold | Oct 22, 2022 | Blog
US real estate owners get to have their cake and eat it too. And I’ve always wondered, what’s the point of having cake if you can’t eat it? In Canada, most borrowers’ mortgage rates reset every five years. Sheesh, can you imagine your monthly...