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Would 40 Year Mortgages Fix the Problem?
Manage episode 435255113 series 2370904
CNBC just published an Op-Ed titled, "The case for a 40-year mortgage" written by John Hope Bryant. The op-ed argues for introducing 40-year mortgages to help combat the struggle average Americans are facing with purchasing their first home. Between high interest rates, low inventory, and a struggling economy where wages are not keeping up with the cost of living, this is a proposed solution. But would it do more harm than good?
Matt, Eli, and Lee also talk about Kamala Harris' plan to raise the corporate tax rate if elected, something which Eli points out as rather pointless and primarily political. They also cover the recent stock market trends.
Link to the mentioned Op-Ed: https://www.cnbc.com/2024/08/20/op-ed-the-case-for-a-40-year-mortgage.html
💬 Comment below what you think about a 40 year mortgage or how you feel about America's tax system!
🍿 Watch Next: Last week's Data Brief, hosted by Eli! https://www.youtube.com/watch?v=R4TwlUPQs5Q&t=1s
🎙The Market Moment Podcast! Last week's episode... https://www.youtube.com/watch?v=WC7TSGojKmg
😎Join the growing Market Moment community by clicking that subscribe button!
We're on Facebook! https://www.facebook.com/profile.php?id=61557724292379&mibextid=ZbWKwL
Give us a follow on Instagram! https://www.instagram.com/themarketmoment/ www.instagram.com/themarketmomemt/
Mach-1 Financial Group, LLC ("Mach-1") is a registered investment adviser located in Rogers, AR. Mach-1 may only transact business in those states in which the firm maintains a notice filing or has qualified for an exemption or exclusion from registration. A copy of Mach-1’s current written disclosure brochure, which discusses among other things, Mach-1’s business practices, services and fees, is available through the SEC website at www.adviserinfo.sec.gov and is also available at www.mach-1financial.com/disclosures
299 эпизодов
Manage episode 435255113 series 2370904
CNBC just published an Op-Ed titled, "The case for a 40-year mortgage" written by John Hope Bryant. The op-ed argues for introducing 40-year mortgages to help combat the struggle average Americans are facing with purchasing their first home. Between high interest rates, low inventory, and a struggling economy where wages are not keeping up with the cost of living, this is a proposed solution. But would it do more harm than good?
Matt, Eli, and Lee also talk about Kamala Harris' plan to raise the corporate tax rate if elected, something which Eli points out as rather pointless and primarily political. They also cover the recent stock market trends.
Link to the mentioned Op-Ed: https://www.cnbc.com/2024/08/20/op-ed-the-case-for-a-40-year-mortgage.html
💬 Comment below what you think about a 40 year mortgage or how you feel about America's tax system!
🍿 Watch Next: Last week's Data Brief, hosted by Eli! https://www.youtube.com/watch?v=R4TwlUPQs5Q&t=1s
🎙The Market Moment Podcast! Last week's episode... https://www.youtube.com/watch?v=WC7TSGojKmg
😎Join the growing Market Moment community by clicking that subscribe button!
We're on Facebook! https://www.facebook.com/profile.php?id=61557724292379&mibextid=ZbWKwL
Give us a follow on Instagram! https://www.instagram.com/themarketmoment/ www.instagram.com/themarketmomemt/
Mach-1 Financial Group, LLC ("Mach-1") is a registered investment adviser located in Rogers, AR. Mach-1 may only transact business in those states in which the firm maintains a notice filing or has qualified for an exemption or exclusion from registration. A copy of Mach-1’s current written disclosure brochure, which discusses among other things, Mach-1’s business practices, services and fees, is available through the SEC website at www.adviserinfo.sec.gov and is also available at www.mach-1financial.com/disclosures
299 эпизодов
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