Research shows that people move every five to seven years. This information indicates a disconnect between the current real estate lending industry and the needs of today’s buyers. People need shorter mortgage payment schedules so they can have a chance to build wealth.
Have you ever thought about why the government needs to step in and FORCE people to buy health insurance? I can tell you that if I have to choose between paying my rent or mortgage and my health insurance bill…well, I’m sure you can guess which one I am paying. To me, this is a clear indicator that the economy is worse than any of us really understand. Losing 1.3 trillion dollars a year is bound to show its effects sooner or later.
Plum Genius feels the only way to truly provide a viable way for homebuyers to have a chance of living a financially free lifestyle is to offer another solution. Shorter mortgages.
It is the 21st century. Why are we still doing it the old way?