5 Areas Where Interest Rates Matter!

Although, we hear, a lot of opinions, about, interest rates, and their trends, and impacts, very few people seem to understand, the significance, and importance/ relevance, of these rates, in several areas of our lives! After, many decades of involvement, in political campaigns, leadership, leadership training/ planning, real estate, financial sales and consulting, etc, I strongly believed, one benefits, by understanding, more about these, and how they affect, many things, in our lives! Whether, related to personal, organizational, and/ or, public finance/ spending, home ownership and related costs, credit – related issues, business matters, stock and bond pricing, etc, interest rates, truly, significantly, matter! With, that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 5 of these areas, and how the cost – of – money, makes a significant difference.1. Bond prices and interest rates: The price of a bond, generally, is inversely – related to interest rates! When these rates go down, prices, rise, and when they go up, the inverse occurs! Bonds have, what is known, as, a par – value, which is the price, paid, at the end of the term. Markets usually set these at 100, which represents $1,000 per bond, at maturity. However, during the period, the pricing can rise or fall, which impacts, liquidity – related issues!2. Mortgage rates: For the last few years, we have been witnessing and experiencing, record – low, mortgage interest rates, which have helped the overall, real estate/ housing market, especially, in terms of, pricing increases! In most areas of this country, we are seeing, home prices, at their highest levels, ever, by a significant, dramatic amount! When this rate, is low, a home buyer is able to buy, more – house – for – his – bucks, because, his monthly payments, are so low! Consider, however, what might be the potential ramifications, and impacts, when these rates, will, inevitably, rise?3. Consumer credit: Low costs of borrowing, help the automobile industry, in terms of consumer financing, etc! Although, not as much as other vehicles, rates on credit card debt, are lower, and there are often, shorter – term, promotions, offering deals! However, since, most of these are variable, and based, on some index, etc, what happens, when there is an increase, in this?4. Business borrowing: Another area affected, is business cost of borrowing! Presently, they have had access, to relatively, cheap – money, which helps in reducing the costs of borrowing, overall operations, purchasing inventory, etc. But, what happens, when this, ticks – up?5. Impacts on stock market prices: For some time, because bonds have paid so little, in terms of dividends, etc, many have considered, the stock market, the only game, in – town! In addition, many corporations, have seemed, better – off, than they probably are, and we have witnessed, a higher, ratio of prices to profits, than in the past! How long will this last? How high can it go?Many factors impact these issues, especially: actual and/ or, perceived inflation; consumer confidence; politics/ government actions/ the Federal Reserve, etc. The more you know, and understand, hopefully, the better – prepared, you will be!

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Everything You Need to Know About Fixing Flooded Bathrooms

How often are you encountering flooding problems in your bathroom? Dealing with huge issues such as a flooded bathroom in your living space can cause you a lot of trouble and inconvenience. However, when your bathroom is flooded, you have to fix this issue as soon as possible because it can lead to serious problems in the long run.

If you think about how often you are suffering from bathroom floods, can you also imagine how hard it is to fix this problem for good? You have nothing to worry about fixing your flooded bathroom anymore because these days, you can simply follow the steps that most people use when they experience the same problem.

When you encounter flooding in your bathroom, the best first thing that you need to do is to stop the flow of the water. As much as possible, you should always start with stopping the water flow if you want to make sure that the flooding problem in your bathroom will never worsen. If you need to stop the water flow in your bathroom water connection, you should find the valve that controls the water pressure and twist it accordingly.

For instance, if your flooding problem starts from your toilet, you have to look for the valve with a shape of an oval which is usually located at the bottom part of the water tank. When the problem is in your sink, there is also a valve placed under it or at least a few inches or feet from your floor. You should check how often are you experiencing problems with your different water connections so that you can save yourself from future problems.

If you want to make sure that you will not have a hard time looking for a good evidence supporting your claim, you should also consider documenting the entire effect of the damage. If you are the owner of the living space where the bathroom flooding occurred, you can claim your homeowner’s insurance coverage but you will need the documentation of the damages you incurred. Documentation is also very important when you are just renting a property because it will allow you to strengthen your claim for renter’s insurance. Once you have proof or any kind of evidence, insurance companies will always look into how often you are encountering your bathroom flooding problem so they can address the issue accordingly.

Right after you have made the necessary documentation, it is time for you to proceed to clean up the huge mess. When you are cleaning up the mess your broken water connection caused, you have to make sure that your drain is well functioning so that you can easily drain the water down. But draining a lot of water can also damage your drainage system so you should also look into how often you are putting too much pressure in your drain. Gathering up all the water in a pail using a thick rug can also help you clean up your flooded bathroom and reuse the wastewater for your garden or any other needs.

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