When it comes to money and financial trends, I try to not be pessimistic. However, I am a realist – and considering the headlines and current financial climate, I do think it’s important to look at the mistakes of the past in order to avoid them in the future. After all, regardless of the state of the economy, there’s zero penalty for being financially prepared!
Contrary to popular belief, the economy is actually at an all-time high. The S&P is at the highest it’s been at in 18 years! Simultaneously, interest rates are at the lowest they’ve ever been in nearly 4 years. This is making a lot of people nervous, as this usually means that there will be a coming correction to the market. However, if you stay prepared, there’s no need to worry about this. In order to do that, it’s important to look at the five money mistakes that people made during the last recession!
I hope you’ve learned a thing or two from this article and that you’ve enjoyed reading it! If you’re seeking more content regarding home loan and overall financial advice, check out my social channels and keep up with the content on my blog! Additionally, if you’re looking to get a loan on the home of your dreams, shoot me a message so we can chat about your unique mortgage needs!
Loan Officer at CrossCountry Mortgage, LLC
Personal NMLS290507 Branch NMLS1754567 Company NMLS3029
Office: 177 Military East Benicia, CA 94510 Phone (510) 816-2904 Email firstname.lastname@example.org
6 YEARS IN A ROW!