Mortgage Rates Today, Monday, October 27: Lowest in a Year-Plus
To steal a line from T-Pain, this month we’ve watched average mortgage interest rates get low, low, low, low, low, low, low, low. Even with a minor day-over-day increase, we are still in 6% territory.
The average interest rate on a 30-year, fixed-rate mortgage rose to 5.99% APR,
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Read MoreThe Burst
1 Red Hot Growth Stock That’s Not Slowing Down
While most growth stocks have taken a drubbing over the past 6 months, one red hot stock has bucked the trend: Airbnb. What is it that makes Airbnb so special and why is this growth juggernaut not slowing down?
Just as eCommerce innovator and disruptor, Amazon, leveraged technology to disrupt brick-and-mortar stores, so too has Airbnb built a technology platform to disrupt legacy hotel chains.
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Read MoreThe Ivy
Market Commentary: Billionaire Investment Memo Secrets Revealed
Howard Marks is the billionaire founder of Oaktree Capital, which oversees $164 billion. Last we looked his net worth eclipsed $2.2 billion. That kind of wealth isn’t accumulated by accident. So what’s his formula for success?
We jumped down the rabbit hole to explore what secrets lay within his investment memos and here is a list that could be helpful in building enormous wealth over the long-term.
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