Readers know that we drive rigidly down the middle of the road and attempt to keep ice cubes flowing through our veins when there seems to be nothing but peril on either side.
No drama here, not that we ignore it, but you can get that elsewhere and we feel it does no good for us!
Home Equity and stalled inventory in homes – Mortgage Rates lower – HELOC
Interest rates have dropped enough that mortgage rates are not even able to keep up, which makes some sense because mortgage rates will inevitably move slower due to their term length. With a tremendous amount of home inventory stuck due to lower fixed rates … lower rates and their brother home equity line (HELOCs) of credit rates as interest rates to continue to traverse in a downward trajectory may free up relocations as well as many equity taps.
Note the Kinda comment in the post name… Mortgage rates are bound around on the 10 year yield, which will certainly give Mortgage lenders additional pause on lowering…but for now the general drift and conclusion are solid!
Have you filled up the tank yet?
Those living in large states such as us here in the south, Texas, literally a relative called earlier this week and asked if they were putting the incorrect gas in the vehicle because the total price was so much lower. With capital market also grabbing commodity prices and dragging them lower fuel costs, at least for the moment or lower.
Grocery Items – Expecting Lower Prices
Whether bread or various other consumable commodities, many have gone down in price, which will eventually flow through to all of us at the checkout line, a much appreciated relief…
Certainly there are frightening headlines, we appreciate those, and are by all means sensitive to them, but as mentioned at the beginning we rigidly attempt to drive down the middle of the road in almost all cases
Have a Great “Items of Relief” Day!
John A. Kvale CFA, CFP
AI Content Authenticity: All of the following text content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note when appropriate.
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
