Help me understand my mortgage - I purchased my home in April 2020, purchase price was $150,000 and we put $4,500 down. Our loan was for the remaining $145,500 at 3.25%

Our current balance is $193,139.98 and the interest rate shown in our banking app is at 13.25%

Does that sound right? It seems way too high of a balance owed only 3 years later if we are supposed to be at 3.25%. Over the life of the loan we should only pay $233,000 total including interest, so how does it jump up over $48k in 3 years already? All of our payments have been made on time with a couple dollars added to it.

I'm not sure if I am misunderstanding something or if we need to refinance, but the amount owed doesn't sound right to me.


Update: Somebody did mess up and I was being charged 13.25% interest when it was only supposed to be 3.25%. I contacted the mortgage company and they were able to fix it within two days.

Berkshire is hoarding so. much. cash.

Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ... See More rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

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