If you haven’t taken advantage of the lowest mortgage rates in history, then you probably don’t want to wait any longer. According to two economists at the New York Federal Reserve, there’s no reason to expect that rates will go… Read More

If you haven’t taken advantage of the lowest mortgage rates in history, then you probably don’t want to wait any longer. According to two economists at the New York Federal Reserve, there’s no reason to expect that rates will go any lower under the current Federal Reserve policy.#-ad_banner-# Furthermore, they say, even if the Federal Reserve were to implement significant changes in an attempt to drive rates lower, there’s no guarantee the rates would respond. For reasons they are unable to explain, the… Read More

If you haven’t taken advantage of the lowest mortgage rates in history, then you probably don’t want to wait any longer. According to two economists at the New York Federal Reserve, there’s no reason to expect that rates will go any lower under the current Federal Reserve policy.#-ad_banner-# Furthermore, they say, even if the Federal Reserve were to implement significant changes in an attempt to drive rates lower, there’s no guarantee the rates would respond. For reasons they are unable to explain, the 30-year fixed mortgage rate has hit a floor near the 3.5% range we’ve seen for the past several months. So what is your average homeowner to do? In short, stop waiting for sub-3% rates and call your mortgage broker today. Refinancing your mortgage may be the one “no-brainer” investing move for 2013. Even if you refinanced in the last few years, rates have fallen so far that… Read More

My dad has been running our family farm in northern Illinois for more than 40 years. I grew up riding tractors, feeding cows and running through cornfields, though admittedly I never took to the business of farming. Growing up on the farm, I knew one thing for certain: Every single… Read More

When I landed in Amman, Jordan on June 25, 2010, I could speak exactly two words of Arabic: “shukran” (thank you) and “momtaz” (awesome). Speeding down the highway in the back of a sweltering taxi, I learned my third: ghebara (dust). Clouds of dust stretched to the horizon. The wind… Read More

In America, we have let our guard down when it comes to our banking relationships. We assume that everything will be fine if our bank fails. After all, the FDIC insures our deposits up to $250,000. Why worry?  I hate to break this to… Read More

Silver is clearly out of its rut. After steadily falling nearly 30% since its 52-week high in February, the price of silver has rebounded quickly during the past few weeks to a current price of $33 — almost entirely because of Federal… Read More

It’s become one of my favorite stocks. I like to call it my “Cadillac” investment for 2012. I’ve even selected it as one of my “Top 5 Stocks for 2012.” The company is buying back billions of its stock. It’s expanding… Read More

Warren Buffett is the world’s most successful investor. He’s worth $44 billion and is the third-richest person on earth. The investments made by his firm, Berkshire Hathaway (NYSE: BRK-B), gained 513,055% from 1964 to the end of 2011. The S&P 500, including dividends, gained 6,397% over the… Read More