I’m the COO of a mortgage company that’s funded more than $ 100 billion in loans. Here are the 3 things you need to know about the housing market now

Steve Reich Mortgage rates climbed above 6% last week, according to Bankrate data, with some pros saying they may go higher. (You can see the lowest mortgage rates you may qualify for here.) On top of that, home prices have risen more than 20% year-over-year, causing affordability challenges for many aspiring homebuyers. And it’s likely … Read more

I’m paying my adviser 1%, but ‘the only communications I get are invoices.’ So I want to regain sole control of my accounts – without having to talk to him about it. Is this possible?

“I want to take back control of my accounts and manage them myself – perhaps in consultation with a fee-based advisor eventually.” Getty Images Question: Eight years ago I hired a financial advisor because the rounds of layoffs at work were coming more regularly, and I wanted to know if my savings were enough for … Read more

As inflation hits a new high in 40 years, 5 financial advisors on what they do with their own money in the midst of high inflation

Getty Images / iStockphoto The annual inflation rate in the US rose to 8.5%, which is four decades high, new consumer price index data revealed. Inflation has not been so high since the early 1980s, as prices of groceries, including gas, housing and food, have been rising. So we asked financial advisers: What do you … Read more

2 things that all the financial advisors I talked to told me – that I do not like

How To Find The Right Financial Advisor For You. Getty Images / iStockphoto Questions: I am about three years from FIRE (Financial Independence, Retire Early) status and have been looking at placing part of my investable assets with an advisor, which would still be seven figures. Since I have conducted interviews with many of them, … Read more