Disagree here. Lots of news can have profound impact on your life, if missed on time.
For instance, I never heard of the temporary +0.5% to mortgage refinancing, that lenders will have to pay to federal banks starting Dec 1st, until an article few weeks ago here. This was planned back in June, but now it is too late to act on.
Profound effect of a one-time 50bpps fee on mortgage refis between $125K and around $510K (whatever the conforming loan limit is in your area)? That’s maybe $2000 on average and that for someone who’s probably living in a $600K+ home.
How many hours would you spend watching and fretting about the news to avoid this (and similar) couple thousand dollar “profound effects”? You’d probably be better off learning to change your own brakes or do some other part of home maintenance. Financially, time-wise, and mentally.
For instance, I never heard of the temporary +0.5% to mortgage refinancing, that lenders will have to pay to federal banks starting Dec 1st, until an article few weeks ago here. This was planned back in June, but now it is too late to act on.