Veronica Dagher
speaker
3,082 appearances
51 recordings
1 series
first heard Sep 2017
last heard Jan 2025
Veronica Dagher’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · How the Fed’s Rate Moves Could Help Home Buyers in 2024 · 2 Feb 2024
podcast
Many home sellers have a mortgage rate under five.
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And so if the Fed keeps cutting interest rates, mortgage rates eventually come down.
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People will feel more inclined to part with their existing mortgage if they know they can get a mortgage for their next home also at a relatively low rate.
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When that happens, more inventory gradually comes on the market and more buyers have more to choose from.
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First, make sure they're not going to overextend themselves by giving you money to fund whatever financial goal you have.
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And that's basically out of consideration for them.
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Also, you want to have your own financial house in order before you start asking for help.
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What might work in the Bible might not work for certain family dynamics.
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It can be super awkward to ask a family member, especially a parent, if you're an adult kid, asking your parent for money.
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And it can be really awkward if you're asking for some sort of financial gift when you're showing on social media your lavish vacation or your new sports car.
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And then you turn to your mom and dad and said, you know, I need help with a down payment.
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You first want to make sure your parents can afford it.
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You can get a loan for so many things in this life, but retirement is one thing you cannot get a loan for.
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So if your parents run out of money because they're helping you so much, that's ultimately going to probably become your problem down the road because they're going to turn to you for help.
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So first, make sure they're not going to overextend themselves by giving you money to fund whatever financial goal you have.
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And that's basically out of consideration for them.
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Also, you want to have your own financial house in order before you start asking for help.
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First, ask your parents for a meeting to have a financial discussion.
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Don't spring this up on them spontaneously or casually.
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And let your parents take the lead on the timetable.
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Showing 721–740 of 3,082 · page 37 of 155
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