Why do banks offer mortgage points?
When you apply for a mortgage, banks let you pay something up front to reduce the interest rate. Why is this a good bet for them?
Category: Financial
Should you pay for mortgage points?
When you apply for a mortgage, most lenders let you pay a little bit up front to reduce the interest rate. These payments are known as “points”: should you buy them?
Deathcross in the time of coronavirus
At the time of writing, the S&P 500 index is 26.7% below its all time high. Time to check on our old friend Deathcross.
Bobby Bonilla: fixed income investor
Should some person have said, “No, paying a 72 year old man over a million dollars to have avoided playing baseball for you is in fact abnormal, and I am going to look into what feature of the Mets financing makes this possible”?
The generalized death cross: 44,701 exciting ways to lose money!
Only liars manage to always be out of the market during bad times and in during good times. (Burton Malkiel)
Enter the Death Cross.
Can the stock market be timed? I confidently claim that I cannot prove it to be impossible.