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Unmasking Mortgage Gimmicks: The Truth Behind the Hype

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Unmasking Mortgage Gimmicks: The Truth Behind the Hype

Mortgage rates have been rising steeply since 2021 and are now commonly found in the neighborhood of 7%. This is significant as you might remember rates in 2021 were often below 3%. The run-up has cooled the housing market considerably. Now, lenders are having to get creative to drive new business. They’re offering more incentives to find new buyers and to undercut the competition. Let’s take a look at some of these strategies (gimmicks if you’re a pessimist), to help you and those you know make smart lending decisions.

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Planning Your Legacy to Give Your Family a Lasting ROL

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Planning Your Legacy to Give Your Family a Lasting ROL

What is the best way to establish a family legacy?

While some benefactors choose to leave everything to their heirs outright, others prefer placing some guardrails around their assets to make sure that an inheritance is handled responsibly and in accordance with the family's values.

Establishing an entrepreneur's trust in your estate plan is one way to create lasting Return on Life for your family and your community. Let's explore how an entrepreneur's trust works and review some of the key features you should discuss with your loved ones, your attorney, and your financial advisor.

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3 Biases That Can Sabotage Your Wealth

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3 Biases That Can Sabotage Your Wealth

Making financial decisions can often be more challenging than it appears. A variety of subtle influences can cloud our judgment. Among these, behavioral biases like anchoring, loss aversion, and herd behavior have been found to shape our choices significantly. In this article, we’ll explore each of these biases and ways to counteract their influence.

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CLIENT QUESTION OF THE MONTH: Should I Be Worried by the Recent Banking Turmoil?

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CLIENT QUESTION OF THE MONTH: Should I Be Worried by the Recent Banking Turmoil?

Uncertainty is nothing new and investing comes with risks. Consider the events of the last three years alone: a global pandemic, the Russian invasion of Ukraine, spiking inflation, and ongoing recession fears. Despite these concerns, for the three years ending February 28, 2023, the Russell 3000 Index (a broad market-capitalization-weighted index of public US companies) returned an annualized 11.79%, slightly outpacing its average annualized returns of 11.65% since inception in January 1979.