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Mortgage applications tumble to lowest levels in three decades

mortgage applications

As monthly mortgage payments reached a record high, mortgage applications fell to their lowest level in nearly 30 years. Redfin reports that mortgage payments have reached a near-record high due to over ...

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Home values drop, new construction down 60 percent

Home real estate prices continue to drop but there could be much more to come, data and economists say. The median home price has dropped by about 7 percent since its peak ...

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Canadians warned of huge housing market correction

Canadians could see housing prices drop by as much as 18% by the end of 2023, according to a new real estate outlook report. The report comes as, like recent U.S. Federal ...

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Getting The Taxman Out Of Your Retirement — Part 2

Last month, in part one of this article, we discussed how you might be in a lower tax bracket in retirement, but pay a higher tax rate. In this article, we’ll look ...

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The Retirement Team voted ‘Best of Topeka’ for 2021

It’s been a season full of recognition for The Retirement Team, a financial advisory firm based out of Topeka. The business recently swept The Best of Topeka finance categories, earning Best Financial ...

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Stop losing retirement money safely

Over the course of the average retirement all prices more than double. In fact, they’ll go up more than 2.5 times. Something that costs $100 today will cost $257 by the end ...

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How to get cheap (or free) health insurance if you retire early

health-insurance

I often hear when I first meet with someone that the only reason they are still working is to pay for health insurance until they can get on Medicare at age 65. ...

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How low can rates go?

Looking back to the start of the century, interest rates have been in decline. Back then the Aggregate Bond Index was paying over 7%. Today? Just 1%. This means in order for ...

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Inaugural Topeka Fall Fest will be October 9 at the Vinewood Venue

Two to three thousand people are expected to attend the Inaugural Topeka Fall Fest, to be held October 9 at The Vinewood, 2848 SE 29th St.  Families will be able to listen ...

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‘401(k) plan owners: Watch out’

Imagine how you would feel if you were on a sinking cruise ship and couldn’t get off because there weren’t any life jackets or backup boats. Now ask yourself, if you were ...

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A look at the housing supply and what it means for you

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, the current housing supply reveals there are many more potential buyers than there ...

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One reason why ‘target dated’ funds haven’t done well for over a decade

There’s a reason why we often refer to target date funds as ‘target dated’ funds. These types of investments rely on portfolio construction techniques to decide what to own based on decades ...

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Nearly 1/3 of investors 65+ sold at the stock market bottom

stock market

Typically when you fail to plan, you are planning to fail, and that applies to the stock market. It’s best to have a plan before trouble comes, rather than make emotional decisions ...

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Where do experts say the housing market is headed?

As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. From Kansas City to Miami, Phoenix ...

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Is it a good time to sell my house? Tips for homeowners

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to ...

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Don’t play politics with your portfolio

Did the outcome of the election make you really happy and excited? Or did it leave you concerned, especially when it comes to your investments? Either way, you shouldn’t play politics with ...

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How low can interest rates go?

interest rates

Looking back to the start of the century, interest rates have been in decline. Back then the Aggregate Bond Index was paying over 7%. Today? Just 1%. This means in order for ...

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Lots going on in North Topeka and NOTO Arts District during holidays

NOTO

The North Topeka area has a lot going on this time of year! Of course, NOTO Arts District has been a hub of activity for a while now, Holiday shopping and activities ...

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Should you change investments ahead of the election? Maybe.

Worried about what might happen to financial markets and your investments if we have the first contested election in 20 years, or if your candidate doesn’t win? You aren’t alone. Unfavorability ratings ...

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Who’s gonna pay for the ‘free’ lunch

free lunch

The saying “there’s no such thing as a free lunch” has been attributed to many people over the years. Someone must produce and someone must pay for what we consume. There has ...

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Nearly 1/3 of investors 65+ sold stocks at the market bottom

Typically when you fail to plan, you are planning to fail. It’s best to have a plan before trouble comes, rather than make emotional decisions on the fly during times of duress ...

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America’s housing market on verge of post-pandemic boom say economists

There’s more good news concerning the America’s comeback from the coronavirus shut-down. A Reuters poll reveals that the nation’s  housing market is expected to weather the pandemic and stage a solid rebound this year ...

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After years of abuse from Arabs, 93-year-old Jewish shop owner gets help

Arabs

Help has finally arrived for Abraham Maximov, 93, owns a small shop in Jerusalem’s main market, Mahane Yehuda, where he sharpens knives. For at least a year, he has suffered physical and ...

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There’s a big problem with the Fixer Upper homes

Waco, Texas has a problem with the homes featured on the show Fixer Upper. Chip and Joanna Gaines have become two of the most recognizable TV personalities in the nation for their ...

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What’s the story behind the drop in stock market?

The US Treasury Department placed China on a blacklist Monday evening, officially labeling China as a “currency manipulator” after the regime took a major step that sent shockwaves through global stock markets. That ...

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