Month: April 2019

Increase Revenue or Profitability?

Executives often talk about the business’s revenue growth, but fail to focus on the profitability of the business.  Over time there have been many businesses that have grown themselves right out of business by just focusing on revenue growth. Revenue growth is a wonderful thing for any business, but revenue growth at the sacrifice of…
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Chart of 15-Year Mortgage Fixed Rate vs. 30-Year Mortgage Fixed Rate

Thirty-year fixed rate mortgage interest rates are higher due to the simple fact that the loan is riskier for lending institutions.  In addition, the borrower may be considered to be a higher credit risk, due to low credit ratings and/or low-down payments and incurring higher fees, such as, mortgage insurance premiums.  Fifteen-year fixed rate mortgages…
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