Financial markets can make you look really foolish, even if you thought your analysis was right, and still do. Today’s humbling example: The best investment by far for the first half of this year has been the one that people like me have been warning against: long-term US Treasury bonds.
Gains from long-term Treasurys may not last
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U.S. homeowners are using HELOCs to access trillions in home equity amid rising interest rates. Mortgage originators should explore this area with innovative financing solutions like bank statement HELOCs.