April 26, 2024
Mortgage

My $550K home has a 2.5% mortgage rate, but I don’t like the area. Do I sell?

My husband and I can’t decide between selling our house or renting it out. We live in Northern California in an area that we don’t like. The house is cute, we have a 2.5% interest rate and $262,000 left on our mortgage. The Redfin estimate for our home right now is $550,000.  We welcomed a

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Investment

Passive investing is more popular. But here’s why it’s time to invest actively.

Passive investing has become more popular than active investing in the U.S., but the trend may be changing soon, according to Jill Carey Hall, U.S. equity strategist at BofA Global Research. The amount of assets managed by passive funds have overtaken those overseen by active funds, according to data from BofA Global Research. Only 47%

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