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Bridging the Gap

Between industry news and personal experience.

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15-Year Mortgage vs. 30-Year Mortgage

The 15-year vs. 30-year mortgage has been debated for a very long time. People like Dave Ramsey has said to not even have a mortgage and pay in cash, but if you must have a mortgage he is adamant about 15-year mortgages only. Still, others say that the 30-year mortgage makes the most sense.

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What is a Recession?

There are many words out there that describes both the economy and the markets. Words like correction, bear market, bull market, stagnation and inflation. But a recession is different. Technically, a recession is where we have 2 quarters in a row of negative growth as measured by the GDP or Gross Domestic Product.

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