Buying a 2nd Home

I was thinking about buying a home in Southern California as a vacation or rental home.  This is mostly due to childhood dreams and hubris and feeling like I’m richer than all my friends.  After all, the purpose of adult life is to realize all the dreams you had as a kid.  So I started […]

Refinancing Again?

Like Ben Bernanke I’ve refinanced twice in the last 2 years. Generally, if you plan to stay in your home forever it makes sense to refinance when the rates fall 1% or a ‘point’ below your current rate.  If the interest rate on your mortgage is 4.375% and you can get a better rate for […]