The Portable Mortgage Paradox—a Solution That Will Cause More Problems Than It Solves

The Portable Mortgage Paradox—a Solution That Will Cause More Problems Than It Solves by Derek Carlson

There’s a reason portable mortgages are suddenly a topic of conversation everywhere lately. The housing market is a mess because rates are up, qualifying for a mortgage is tougher than ever, and for every single house that has skyrocketed in value, hundreds of buyers are priced out of the market. On the surface, portable mortgages … Read more

Trump’s Proposed Interest Rate Cap Will Hurt the People It’s Supposed to Help

Trump’s Proposed Interest Rate Cap Will Hurt the People It’s Supposed to Help by Ari Page

There’s been a lot of talk lately about using regulatory bodies to cap credit card interest rates as a way to lower costs for Americans in today’s softening economy. On the surface, this sounds logical. If you cap credit card interest rates to some arbitrary lower number—like the 10% cap currently being proposed—consumers’ monthly payments … Read more