Hey weird JD Vance wrote the foreword for this guys book.

Her interest rate is probably 9.25% 100,000 x 9.25% = 9,250 ($770.83 a month interest only) Pay $900 a month ($129.17 towards principal, so over 11 months $1420.83 goes towards principal) So Wall Street Apes thinks interest & amortization (& maybe math?) should be illegal.

If a 50 year mortgage had an interest rate 1% above the 30 year fixed, the 50 year would be the more expensive option. P&I on $400,000 loan: 30 year with 6.32% rate - $2,481.11 50 year with 7.32% rate - $2,505.19

“Equity being built in a home is THE central part of homeownership. Also, here’s a 50 year mortgage.”

A top contender for the “most financially illiterate person on Twitter” award

Ahem.

Add this to the growing number of “solutions” Pulte is exploring to “improve affordability” that would result in higher rates

I mean come on. This is bad for obvious reasons, but also…how can you in good conscience put students like this into tens of thousands of dollars of student loan debt. If they can’t answer this question how are they supposed to grasp an amortization schedule

Just glossing over the unemployment spike correlated with tariffs (top right graph), this paper falls in line with the underrated effect of these tariff policies being that they’ll result in small business failures & massive corporate consolidation

Ahem…

Good time to repost this one in honor of everyone’s favorite big boy regulator Bill Pulte

Ok so soonish… 20% of mortgage holders will have over 6% rates (about the same as number as those with sub 3% interest rates) But kind of glossing over the fact that 70% of mortgage holders will still have rates under 5%

I’d like new political lines to be drawn: - Financially literate - Financially illiterate

Jay Parsons Omair Sharif I know I sound ridiculous to the crackpots who have been shouting for years at how nothing can be trusted (and I try very hard not to feed those trolls in order to preserve some measure of utility on this app), but that's why I'm a little (a lot?) uneasy with where I see the

Bongino 2 weeks ago: “I was paid in the past for my opinions. One day I will be back in that space but that's not what I'm paid for now. I’m paid to be your deputy director and we base investigations on facts.”

“Blackrock hardest hit.”

Trump has it backwards. The U.S. doesn’t subsidize the world; the world subsidizes the U.S. The dollar’s reserve-currency status allows us to live beyond our means. Soaring debt, tariffs, and military threats jeopardize that status. When it’s lost, economic collapse will follow.