Financial Planning, Retirement, and Personal Finance Articles from Lundervold Financial
Stay ahead of the stories that may impact your financial well-being.
A lot of factors affect real estate prices, including interest rates, inventory, local foreclosure and short-sale rates, and even natural disasters. In 2020, as it was during the Great Recession, underwater mortgages and the potential foreclosure rate were concerns. Being…Read More
Since its inception in 1997,2 the Roth IRA (individual retirement account) has become one of the most popular tools for retirement planning. More than 34% of Americans hold at least one type of IRA, and the Roth is the second…Read More
A recession is when the economy shrinks — there is less trade, less consumer spending, and the gross domestic product shrinks for more than two measurement periods (typically measured in months or quarters). It usually results in job losses, which…Read More
Here we are in the midst of a pandemic, a stagnant economy, and less than secure prospects on how long companies can maintain jobs despite reduced revenue. Yet the residential real estate market is still robust. Many areas of the…Read More