Axe Posted March 12, 2021 Report Share Posted March 12, 2021 https://www.foxnews.com/sports/tom-brady-signs-four-year-extension-bucs Quote Link to comment Share on other sites More sharing options...
Unsympathetic Posted March 12, 2021 Report Share Posted March 12, 2021 High interest rate at signing is very good for buyers because it signifies seller acceptance of the riskier landscape -- via the combo mechanism of [1] decreasing the asset price because the initial/higher price didn't receive a bid and [2] funding $$ demanding higher return as overall default rate has increased. As well, higher rate means that later refinancing can capture substantial rate savings. The ideal time to buy a home [from the perspective of the buyer, not the seller] is when interest rates are at their peak, not at their trough. Of course, the seller wants interest rates as low as possible.. The accurate analysis is to think of a constant monthly budgeted amount for a payment.. if the principal is held high, then interest is a small % of the payment. As more risk is acknowledged, the principal is decreased and interest captures a higher %. Quote Link to comment Share on other sites More sharing options...
Tour2ma Posted March 16, 2021 Report Share Posted March 16, 2021 On 3/10/2021 at 11:52 AM, mjp28 said: Good NFL starting quarterback, yes. Overpaid even in Jerryworld, yes. Worth being the highest paid NFL quarterback, no. It was simply Dak's turn to be King of the Mountain. That plus sticking it to Jerrah because he could. It'll last about a season... On 3/10/2021 at 1:57 PM, Axe said: Well, actually it can when you realize Brady has career earnings of $288 million Even Tom admitted it... https://bleacherreport.com/articles/2834412-tom-brady-i-take-pay-cuts-with-patriots-because-my-wife-makes-a-lot-of-money But there's also the "relationship factor". Tom had great ones with both his HC and owner. Dak? Not so much... 1 Quote Link to comment Share on other sites More sharing options...
Tour2ma Posted March 16, 2021 Report Share Posted March 16, 2021 On 3/12/2021 at 5:02 PM, Unsympathetic said: High interest rate at signing is very good for buyers because it signifies seller acceptance of the riskier landscape -- via the combo mechanism of [1] decreasing the asset price because the initial/higher price didn't receive a bid and [2] funding $$ demanding higher return as overall default rate has increased. As well, higher rate means that later refinancing can capture substantial rate savings. The ideal time to buy a home [from the perspective of the buyer, not the seller] is when interest rates are at their peak, not at their trough. Of course, the seller wants interest rates as low as possible.. The accurate analysis is to think of a constant monthly budgeted amount for a payment.. if the principal is held high, then interest is a small % of the payment. As more risk is acknowledged, the principal is decreased and interest captures a higher %. Realtor? Quote Link to comment Share on other sites More sharing options...
Unsympathetic Posted March 16, 2021 Report Share Posted March 16, 2021 I've read all of Tanta's posts on calculated risk.. I think everyone should understand how stuff actually works so we can identify propaganda.. Quote Link to comment Share on other sites More sharing options...
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