The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.
All content for On The Market is the property of BiggerPockets and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.
This Could "Break" the Housing System as We Know It
On The Market
28 minutes
1 month ago
This Could "Break" the Housing System as We Know It
This could break the mortgage system as we know it. But, is it worth it?
New “portable mortgages” have been floated by the Trump Administration and FHFA (Federal Housing Finance Agency), allowing homeowners to take their rock-bottom mortgage rates with them when they purchase a new home. The question is: will it work?
We’re breaking down the likelihood of portable mortgages, how they currently work in countries like Canada, and the pros and cons for the average American. Most people are thinking about the upsides of a portable mortgage, but the downsides are equally severe. Would this really make sense in America?
Dave is doing a deep dive into how the U.S. mortgage system works and whether new portable mortgages could break it, leading to the downfall of arguably the greatest home loan on the planet—the 30-year fixed-rate mortgage. Plus, how much more could it cost you to take out one of these portable loans?
In This Episode We Cover
Portable mortgages explained and how they actually work in countries like Canada
How portable mortgages could “break” the fragile home loan system in the U.S.
Pros and cons of portable mortgages that could help or hurt many Americans
Increased fees, mortgage rates, and prepayment penalties? Why nobody is talking about the side effects of portable mortgages
Does Dave think this is a good idea? (strong opinion warning)
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
On the Market 373 - Trump Floats 50-Year Mortgages: Cash Flow Boost or Affordability Illusion?
Dave's BiggerPockets Profile
Grab Dave’s Book, "Real Estate by the Numbers"
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-376
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
On The Market
The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.
