Feb 15, 2016
The future is here in the form of digital mortgages. The question is not whether or not we should have digital mortgages, they are here and they will remain a part of the real estate landscape. The real question is, what new potential pitfalls with digital mortgages introduce? All new innovations bring with them growing pains and digital mortgages are no exception. With any luck, their popularity will grow at a pace that allows us to easily deal with any issues or problems along the way. But if not, what kinds of challenges might we face?
We will also spend some time talking about the change in how folks over 50 are managing their debt. The latest numbers show them taking on much more debt than in the past. While at the same time, younger borrowers have taken on less. This is a pretty big reversal of the usual trend and most likely spells an interesting change in the kinds of buyers and sellers we are likely to see in the coming years.
30 year fixed rates are now at ridiculously low levels.
Finally, we will take a minute to discuss the interesting evolution of how negative interest rates are being covered in the press.
For links to all the stories discussed in todays show, please check out the show notes at http://www.therebelbroker.com.