I am thinking that we might be in for a good Spring season for home sellers and buyers. Mortgage rates hit 3-year low after Trump's bond-buying announcement Increased demand for mortgage-backed securities sent rates to the lowest level since September 2022. https://finance.yahoo.com/news/mort...NjkhKeeD921JNsfT7Iwaj_I5aN1VhcSltGk41SkL6KN6I We could easily see rates in the 5% range in a month or two......especially....if the FED could get past their little HISSY-FIT and do another rate cut before the new FED chair in May. (I dont believe they will.....they simply dont care about any data anymore) Rates in the 5% range would....based on my memory....be RIGHT ON....... the historic mortgage range. Although rates do jump around a lot. Here is the range for various time spans: Mortgage rate history: 1970s to 2025 https://www.bankrate.com/mortgages/historical-mortgage-rates/
We bought three homes in the 1970's......one home in the 1980's.....and two homes in the 1990's. Look at the rates above......if you are whining about current rates and home ownership. We were lucky to go to ALL CASH buying beginning in the mid 1980's and ever since. BUT....most people were financing in the 1970's through the early 2000's. And...compared to what Baby Boomers had to pay for a mortgage.....the current rates are GREAT.
Here is what....AI...tells me Strathmore.....I don't know if this answers your question or not. Looks like you have to do it in accunt settings. IBKR (Interactive Brokers) adjusts performance for currency by converting non-base currency positions and P&L into your account's set base currency (like USD) using historical exchange rates, showing unrealized P&L and cost basis translated to your base currency in reports, and even automatically converting currency for trades if needed, though it charges a small fee for these conversions. How Performance Adjustment Works Base Currency Setting: You define a primary Base Currency (e.g., USD) for your account in settings. Position Translation: For assets in other currencies, IBKR uses the exchange rate from the day you opened the position to translate the cost basis and unrealized profit/loss into your base currency, as seen in your TWS Statements. Performance Reports: Your overall performance metrics (like Time Weighted Return) in PortfolioAnalyst and statements reflect these translated figures, giving you a consolidated view in your base currency. Automatic Currency Conversion: If you buy a stock in EUR but only have USD, IBKR automatically converts the necessary funds, applying a small spread (around 0.03%) to the mid-market
