Stagnating Wages? It’s much worse than that.

// November 6th, 2013 // No Comments » // Uncategorized

I don’t want to say I told you so back in August, 2010 when I wrote Stay Above the Median, but…I told you so. They used much better visuals in this video than I have the capability to create – and it tells this story over a broader timeframe – so here is a great little clip from Inequality for All:

Stay Above the Median

// August 6th, 2010 // 5 Comments » // Uncategorized

I’m planning on buying a house with my wife in the (near?) future and we’re in the learning phase of mortgages, financing, PMI, debt-to-income ratios, points, taxes, blah blah blah.  It sounds exhausting doesn’t it?

Through the process I’ve thought to myself, maybe we should wait and put 20% down.  Then we can get a fixer-upper¹, save on things like private mortgage insurance², and probably get better rates from a wider variety of lenders.

That’s a lot of coin, though.  No matter how you dice it.
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