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Latest reporting and analysis by Judge Schmidt.
The fourth quarter earnings season started with reports from Delta Air Lines and JPMorgan Chase. Bank executives warned a proposed 10% credit card APR cap could restrict consumer credit access.
Mortgage rates remain near 2025 lows, with the 30-year fixed at 6.16%. President Trump proposes bond purchases to lower rates, while the Fed's 2025 cuts and Treasury yields influence the market. Experts advise buyers not to wait for further drops.
Pennymac is the largest FHA lender in the U.S., offering various loan products but with higher-than-median fees in 2024. It provides online tools and resources for borrowers.
Robert Kiyosaki, author of 'Rich Dad, Poor Dad,' publicly advocates using debt for investment, citing his $1.2 billion debt. He contrasts his approach with Dave Ramsey's debt-free philosophy in recent statements.