You’ve probably read the article about the couple who make $500k to just “scrape by”. It describes a lifestyle of student debt, childcare and home maintenance expenses that we all face.
Author- Marshall Rathmell
You may have heard that mortgages are once again attractive to refinance. Over the last three months, these rates have managed to achieve five all-time lows. Just the other day, Freddie Mac, which buys mortgages from banks, reported an average 3.03% rate on 30-year fixed-rate mortgages, and there is a chance that we could see rates below 3% without points between now and the end of August.
The topic of achieving success comes up a lot in discussion with our clients but even more so with the millennials. As we talk about their desires for the future, they share career aspirations and discuss what kind of jobs they would like to have and whether they are on a path that will get them there.
The global stock markets have dropped the last 2 days in response of fears about the spread of the coronavirus. As the reports of deaths due to the coronavirus expand beyond China, health officials in most countries, including the US, are developing containment and treatment plans. Pharmaceutical companies around the globe are developing coronavirus drugs and vaccines.