Golden Handcuffs
US housing shortages may provide a cushion to home price declines in 2023. Refinancing activity will likely remain weak given many homeowners’ “golden handcuffs,” which describe existing attractive mortgage rates disincentivizing borrowers from moving homes. For example, less than 2% of conventional borrowers pay more than the current market rate on a 30-year fixed rate mortgage, potentially limiting motivation to refinance even if rates fall.
Lloyd's Lesson: What are diserfying Strategies?
Lloyd's Lesson this week concludes our asset class series by providing a quick review of undoubtedly our most confusing asset class, diversifying strategies.
Click the image above or the link below to watch this week's lesson.
Links to What Else We're Reading
Legacy Trust Family Wealth Offices
4200 Marsh Landing Blvd, Suite 100
Jacksonville Beach, FL 32250
Office: (904) 280-9100
Fax: (904) 280-9109
Legacy Trust Family Wealth Offices of Jacksonville Beach, Florida, is a new type of financial services firm - an independent multi-family office - that brings all facets of your personal financial affairs under one roof, where they are coordinated for optimum efficiency and maximum performance.
Investment products are not FDIC insured, are not bank guaranteed, and may lose value.