What is a 2/1 Buy Down? It’s a temporary reduction of the Buyer’s mortgage payment by the equivalent of two full interest rate points the first year and one full point the second year.  It accomplishes this temporary “rate adjustment” by essentially pre-paying the difference in interest between the buyer’s actual approved rate and the […]

My word for 2022: “barrage”. A barrage of business. A barrage of news and headlines. A barrage of information. I know some of this sentiment is likely just due to my age. I remember when my kids (who are now 22, 20 and 17 years old) were babies and toddlers, my mom and those of […]

Recently I listened to a great episode of the Ted Radio Hour on NPR.  The episode was entitled: Can We Trust the Numbers. Numbers and statistics tend to lend credibility to claims and assertions.  But numbers can be skewed in so many ways.  The cherry-picking and manipulation of raw data can be used to spin […]

Solo living is becoming more difficult for younger generations, especially for millennials who are struggling to afford rising home prices. Shared living, such as cohabitating with roommates or parents, is a way to cut down on costs and living expenses—a route many young professionals are choosing to take. But millennials are not the only ones […]