ARCHIVED BLOG POSTS
2018
In the last 10 years, students themselves have gone from paying 30% of college costs, to paying close to 50% of their own college costs. This has resulted in driving up the outstanding student loans in the US from $350 billion to a staggering $1.2 trillion over the past 10 years. The interestin...
06/25/2018
1 – What is it?“Trended Credit Data” is an analytical tool that helps lenders better evaluate your spending habits. It’s a detailed analysis of the last 24 months of your credit history, including: Month-by-month balances on your credit cards and other debts; and, The difference between your sch...
06/18/2018
1 - House Price Appreciation The average rate of house price appreciation in the US over the past 20 years has been over 3% per year. This means that if you bought a vacation home 20 years ago for $100,000, it would likely be worth over $180,000 today. If you used a 20% down payment, your...
06/11/2018
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The Opportunity Cost of Paying Cash When you pay cash for a property, you are missing out on the opportunity to earn a rate of return on that cash. In the illustration below, Option 1 is to pay cash for a $200,000 house. Option 2 is to use $100,000 of cash, and a $100,000 mortgage. If you go ...
06/04/2018