“Give a man a fish and he eats for a day. Teach a man to fish and he will neglect his job and family thereafter.”- anonymous Today is National Go Fishing Day! As anglers take to the waterways mortgage rates are sinking! Mortgage Rates Mortgage rates continue to trend lower prompting many homeowners to evaluate […]
On this day in 1950, Ben Hogan bested two other golfers in an 18-hole play-off to win the US Open. The remarkable aspect of the win was only 16 months earlier Hogan was involved in a near fatal car crash that left him unable to walk for months. Doctors predicted he may never golf again. […]
Today is National Cheese Day which is causing me to face my cheddar cheese addiction. Luckily it’s only mild…. Cheese connoisseur’s in China will have to pay a little extra for US cheese thanks to recently imposed tariffs. Will Mexico be next? Trade tensions are the primary reason why mortgage rates are at the best […]
Owning your home is still one of the best ways to achieve wealth and as Plato once said “Wealth is known to be a great comforter.” Happy Birthday to Plato who would have turned 1,592 years old today and he lived forever. Mortgage Rates We shifted to a locking bias last week and that proved […]
If you feel the urge today is National Dance Like a Chicken Day. Not sure where they come up with these but if the Blazers can win tonight in game one of the Western Conference Finals I will be dancing like a mother clucker! Mortgage Rates Mortgage rates continue to benefit from the trade dispute […]
A HUGE THANK YOU to all the teachers and educators who work hard to support our children in their growth and development. Today is National Teacher Appreciation Day. I’d like to thank Professor Randy Grant of Linfield College who helped me find a passion for economics and finance. Thank you Randy! You are an excellent […]
On this day in 1789 a crowd of 10,000 gathered outside the Federal Hall in New York City to witness George Washington being sworn is as the first president of the United States. Washington’s salary as President was $25,000/ year which translates to $722,165 in 2019 dollars. In comparison, President Trump’s annual salary is $400,000. […]
Think owning Portland real estate is a great investment? Try purchasing a professional sports franchise. The late Paul Allen purchased the Portland Trail Blazers in 1988 for $70 million. According to recent reports the Trail Blazers franchise is currently worth $1.6 billion. Ignoring annual cash-flow the team has appreciated at a 10.6% annualized rate over […]
Think your life is busy? Each year the IRS receives over 290 million tax returns which the IRS receives. According to the IRS only .50% of all filed tax returns are audited. The IRS also reports that over 9,000 tax returns are filed where the taxpayer makes more than $200,000/ year but pays $0 income […]
In 1930 two men spent $70,000 to buy 365 acres from Fruitland Nurseries Inc. with the vision of building a new golf course. They hired an architect from Scotland by the name of Alistair MacKenize and by 1933 the course was ready for play. Fast forward to today and Augusta National Golf Club is one […]