Home Buyers Get Creative With Cash Deals to Fend Off High Mortgage Rates

Ron Brown, a partner with Heidrick & Struggles, was on the hunt in Colorado’s Arapahoe County for a new primary residence that required less upkeep than the one he was living in. By the time he found a 3,000-square-foot townhouse he wanted to buy in September, mortgage rates were significantly higher than they were a year ago. On Sept. 15, Freddie Mac announced that the average rate that week on a 30-year fixed-rate mortgage topped 6% for the first time since 2008.

To avoid the rising rates, Mr. Brown, 56, said he bought the three-bedroom home in Littleton, Colo., for $965,000 in cash. To access the capital he needed for the purchase, he tapped into his personal savings and took out a loan using his stockholdings as collateral, receiving an adjustable rate based on the federal-funds rate plus a 2.25% margin. On Nov. 7, the federal-funds rate target was 3.75% to 4%.

Dr. David Shokrian – The Doctor of Astounding Plastic Surgery and Above and Beyond Philanthropy Efforts

Dr. David Shokrian is one of the top plastic surgeons in NYC. Over the years, his patients have been more than happy with his work’s stunning results, giving him the nickname “Dr. Snatched”. He has devoted his career to making his patients look and feel better than ever, which he has undoubtedly been successful in […]

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Meet Abel Man: The Multi-Talented Content Creator Exploring the Richness of Hispanic Culture

Abel Ramirez Gonzalez, best known as Abel Man, is an online content creator and cultural enthusiast who has been making waves in the Hispanic community with his short and funny videos on TikTok and Instagram, highlighting accents and cultures from different Spanish-speaking countries. He was born somewhere in Latin America and moved to the United […]

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We read Vick-Knew-Zeus Manga, and it’s amazing, Project Bruja’s title will be revealed later this year. Who is Zeus’s Mystery Character?

We secretly read the first fifty pages of your manga Project Bruja, and it’s the most impressive and yet crazy thing we have ever read. How did you come up with this Manga idea? ( Laughter) Project Bruja became a thing when I heard a lot of black women on the internet expressing their love […]

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