A 50 year mortgage promises affordability, but won’t deliver what it promises, and will make costs higher for everyone. … Read More
home ownership
5 reasons why condos are better than houses
While many people assume that a house is what they should buy, here’s why I think you should take a look at condos over houses. … Read More
Would you rather: buy a new car or own a home?
I argue that for most people, you can choose to buy a new car or own a home (if you can have either of them at all), but not both. … Read More
The Buy/Rent Calculator tells it like it is
The New York Times calculator showing whether to rent or buy a home is more cost-effective has a lot of wisdom, even with unhappy news. … Read More
How not to be house poor
Home ownership can be a financial disaster if you’re not careful, and one of the ways to prevent this is to not be “house poor”. … Read More
Will millennials benefit from the largest wealth transfer in history?
Millennials have gotten the short end of the economic stick for most of their adult lives. But this bad luck might be about to change. … Read More
40 year mortgages are here (maybe). Would you want one?
To help more people afford homes, there is talk of a new 40 year mortgage product. This of course would not help who it is supposed to. … Read More
