Jeff Desjardins
The Federal Housing Finance Agency (FHFA) sets the loan limits each year, which are based on the area and number of units in the property. For 2024, the conforming loan limit for single-unit properties was $766,550 in most of the U.S. However, in high-cost areas, the loan limit inc...
This same analyst believed that this was ultimately the reason that LinkedIn was sold to Microsoft. They just weren’t big enough to be competitive as a stand-alone company in today’s market, he said. (This idea is suggestively compatible with new research by economists David Aut...
Why the dot plot was created Fed officials started using the dot plot in 2012 at a time when the economy was still recovering from the Great Recession and when interest rates were still near zero. It was a form of “aggressive forward guidance,” a concept that former Chairman Ben Bernanke...
Restaurant spending in 1950 was 25% of food spending. Today it is over 50%. Newsflash! We live a whole lot better in 2022 than anyone did in 1950. In fact, the average American in most ways lives far better than royalty did just a couple of centuries ago. This is all the classic ...
It was published in June 1998 and describes a true incident which had happened just before I wrote it. I think it says something about the reality of front-line medicine which is timeless and worth repeating here. “I see, I think I understand now – you don’t know what’s wrong.“...
I was a very scientific educated person in 1986 and there were not many who could teach wellness. Today, there is so much research, education and many medical professionals who are helping people get well from cancer. GMO grains are a result of more industrialized farming…I have a long ...
Camping was really fun. We drove to Ipala Volcano. It was worth the trip, though. There’s a really pretty lake that we hiked around. It rained really hard one night, and everything outside the tent got wet, but at least the tent was fine. Luckily, the weather got better. Another ...
The formula can also be rearranged to find the value of the future sum in present-day dollars. For example, the present-day dollar amount compounded annually at 7% interest that would be worth $5,000 one year from today is: PV=[$5,000(1+7%1)]1×1=$4,673PV=[(1+17%)$5...
What Is a Silver Certificate Dollar Bill Worth Today? A silver certificate dollar bill represents a unique time in American history. It was a type of legal tender that was issued by the federal government in the late 1800s. As the name suggests, the holder of a certificate could red...