Really all I hear in these slivers of "news" is how screwed the average, hard working 99% are. The real estate market is showing a come back as investors are buying up the houses and renting them out. So as rents rise it may be wise to own a home as opposed to continuing to rent. Really? 99% can't afford it, can't make ends meet, but go buy a house like the rich.
Then go for the 15 year mortgage at a lower interest rate as they explain. Only a few more hundred dollars in your payment per month to lock in a lower rate. The rates are to high, LIBOR anyone? The fraud and greed in the LIBOR RIPOFF going unchecked and unregulated is astonishing.
But do you hear that here? No of course not.
There is 1 source for FACTUAL news and that is TYT.
This terrible podcast sounds to me like, "hey you should try and do these things to help yourself be in a better financial position."
Except 99% cannot because of their financial level. And taking for example the lower mortgage rate over 15 years benefits the banks the most. They get your money faster. You loose, big banks win.
DON'T YOU SEE THAT??????