fixed income

Retirees Beware: What You Must Know About Today’s Sky-High Mortgage Rates

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The financial landscape is ever-evolving, and as of Thursday, October 26, 2024, we find ourselves in a period of rising interest rates, with the average 30-year fixed mortgage rate at a staggering 8.09%. This marks a nine basis point increase from the previous week, and the trend shows no signs of slowing down. Understanding how … Read more

Hold On! Read This Before Splurging on a New Car in Your Golden Years

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Deciding whether to buy a new car in retirement is a multifaceted dilemma that many retirees struggle with. For some, the car symbolizes independence and the ability to travel, visit family, and engage in leisure activities. For others, it’s a matter of safety, as modern vehicles have advanced features that can significantly reduce the risk … Read more