Today news
Donald Trump
Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan. The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He bought the Miss Universe brand of beauty pageants in 1996, and sold it in 2015. He produced and hosted The Apprentice, a reality television series, from 2003 to 2015. As of 2020, Forbes estimated his net worth to be $2.1 billion.[
The same in other media
lgbtq

Should I buy a house even with higher interest rates?

Reading now: 941
www.washingtonblade.com

Should you buy a house despite higher interest rates? Well, that depends on where you want to put your money. If you are paying rent, let’s say even $2,000 a month, that comes out to be about $24,000 for an entire year.

If you live in that apartment for three years and the rent doesn’t go up each year, that is $72,000. If there is a $350,000 condo for sale that you have your eye on, but the interest rate is higher, like 6%, yes, your monthly payment will be higher than it was had you locked in a 2.9% interest rate like some people did last year or the year before.

But at the end of the day, do you ever get that rent check back? No, you don’t. Even with a higher interest rate, if you live somewhere for three or four years and then sell it, you are going to get some of that money you are paying toward your mortgage back.

It’s what we call “equity.” Yes, most of your payment at first goes toward interest, but you can also get tax deductions from your mortgage payment.

Read more on washingtonblade.com
The website meaws.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

13.08 / 03:09
Life Twitter Health The CDC just rolled back a bunch of COVID guidelines and folks are joking to keep from screaming
The latest changes to the COVID guidelines out of the CDC have left some joking that they’ve given up entirely.Official changes to coronavirus precautions were released yesterday, with an even more lax handling of exposures and vaccination:The update isn’t a huge overhaul of the existing guidance, but it does represent an increasing focus on individuals making their own decisions about their level of risk and how they want to mitigate that risk, said Dr. Marcus Plescia, chief medical officer for the @ASTHO.
DMCA