by Rick Tobin | Mar 22, 2018 | Miscellaneous, Real Estate Investing News
The physical currency system continues to disappear at an alarming rate. Just a few years ago, some financial experts made the claim that only 1% to 2% of all forms of money used in the United States was physical by way of dollar bills or coins. Today, the number...
by Rick Tobin | Feb 13, 2018 | Buy and Hold, Miscellaneous, Real Estate Investing Strategies
Interest rates just reached four-year highs in the first week of February – with the national average for 30-year fixed rates hitting 4.32%. This was a jump of 33 basis points over the period of just five weeks since the start of 2018. Parallel to increasing...
by Rick Tobin | Sep 5, 2017 | Miscellaneous, Real Estate Investing Strategies
Nationally, home prices have consistently risen over almost the past six years. According to a study completed by CoreLogic (a leading provider of real estate information), home prices rose 6.7% across the U.S. between June 2016 and June 2017. Additionally, CoreLogic...
by Rick Tobin | Jul 31, 2017 | Buy and Hold, Real Estate Investing News
Inflation is a hidden form of taxation. Inflation has severely damaged the purchasing power of the U.S. dollar since as far back as 1913 when the Federal Reserve was founded after the passage of the Federal Reserve Act by legislators in Washington D.C. Prior to the...
by Rick Tobin | Jul 3, 2017 | Miscellaneous
We’ve seen the tremendous growth of the “securitization of mortgage debt” over the past few decades. There was a time when most banks made home loans and either serviced the loans or sold them off in the secondary markets to Fannie Mae or Freddie Mac (among...