Colin Robertson

Portable Mortgages Don’t Work in the United States - The Truth About Mortgage Now that the 50-year mortgage has been thoroughly panned and debunked as a viable affordability solution, we’re on to the next silly idea. What is it?

Better explanation here: www.thetruthaboutmortgage.com/portable-mor...

Now we're trying our hand at portable mortgages...

They don't work here b/c we have long-term fixed-rate mortgages, unlike other countries like Canada/UK that rely upon variable-rate and so-called "fixed mortgages" that need to be renegotiated every 3-5 years.

A Small Rate Buydown Makes the 30-Year Fixed Cheaper Than a 50-Year Mortgage - The Truth About Mortgage There’s been a lot of buzz about a possible 50-year mortgage after President Trump teased it over the weekend on his Truth Social platform. Of course,

More details here: www.thetruthaboutmortgage.com/a-small-rate...

Imagine the 50-yr is priced at 7% and the 30-yr is 6% w/ a small rate buydown paid by the seller.

The monthly payment is cheaper AND you pay ~$600k less in interest (on a $400k loan).

- 30-yr fixed at 6% is $2,398.20/mo.
- 50-yr fixed at 7% is $2,406.75/mo.

Good knowing ya 50-year mortgage!

Could a 50-Year Fixed Mortgage Finally Solve the Affordability Crisis? - The Truth About Mortgage With mortgage rates nearly double what they used to be, you might wonder if an alternative product like a "50-year mortgage" could improve affordability.

More details here: www.thetruthaboutmortgage.com/50-year-mort...

Want to know just how useless a 50-year mortgage is?

It's a difference of about $165 per month on a $400,000 loan amount.

To make matters a lot worse, you’d be looking at total interest of $863k versus $418k if you went with a traditional 30-year loan.

This is why anything over 30 years was largely banned post-GFC. Something the Prez is probably unaware of.

It's also not going to happen. Anything beyond 30 years was banned by the QM rule post-GFC.

So just a useless thought to put out into the universe at a time when housing affordability is poor.

An admission that they've run out of answers.

His subtle way of saying he failed to bring rates back down to 3% as promised.

Arguably yes it would boost demand and do very little to actually move the needle on monthly payments while simultaneously making homeownership a significantly worse investment.

It's engagement bait from the Prez.

Don't worry it's not going to happen.

It won't happen. It's just another distraction and failure to get mortgage rates significantly lower as promised.

What's worse is he thinks it's possible. Or he knows it's not but is posting it anyway.

This is an open admission that he has failed to deliver a 3% mortgage as promised during his campaign.

Penalty field goals. Brilliant!

Don's post tells me two very important things.

A) He's never heard of the ATR/QM rule that banned mortgages with loan terms longer than 30 years.

B) He's given up on returning the 30-year fixed to 3% or lower.

Bilt Card 2.0 Will Earn Points on Any Mortgage Payment - The Truth About Mortgage There’s a new credit card in the works that will earn points on any mortgage payment you make each month. The Bilt Card 2.0 is nearly at the finish line

More details here: www.thetruthaboutmortgage.com/bilt-card-2-...

The Bilt Card 2.0 is nearly at the finish line and is expected to be launched on February 7th, 2026.

Will allow you to earn points on ANY mortgage payment you make each month.

Expected to earn one point for each dollar, so $2,500 mortgage will earn 2,500 Bilt points each month, or 30,000 annually.

NewDay USA Mortgage Review: A Mortgage Company Designed for Veterans Today we’ll review NewDay USA, a mortgage lender that is geared specifically toward veterans and active duty military. Like other mortgage companies, they

More details here: www.thetruthaboutmortgage.com/newday-usa-m...

Veteran-focused mortgage lender NewDay USA has launched a new product that allows veterans and active duty to buy a home with nothing out of pocket.

The “NewDay Home” product allows closing costs to be financed over a five year period, w/ no interest charged if repaid in full within one year.

Sheesh. What a drop.

Soon You’ll Be Able to Pay the Mortgage with Venmo - The Truth About Mortgage We’ve all heard about paying the mortgage with a credit card, something that wasn’t possible until very recently. It still technically isn’t a direct

More details in the post: www.thetruthaboutmortgage.com/soon-youll-b...

In early 2026, Bilt Members will have a new way to pay their rent/mortgage.

And they'll earn rewards for paying the mortgage, receiving 1 point for every $ spent.

As for why you'd use Venmo, you might have funds in Venmo from a tenant, roommate, or co-borrower that allows you to split payments.

Bilt has partnered with Venmo to allow users to make mortgage payments from within the Venmo app.

You'll now be able to let everyone know how much your mortgage payment is.

Lower Inflation Paves Way for Path to 5% Mortgage Rates - The Truth About Mortgage Well, the delayed CPI report is out and we avoided any major drama. The report actually came in cooler-than-expected, with a 0.3% increase

More thoughts here: www.thetruthaboutmortgage.com/lower-inflat...

Cooler than expected CPI report does one important thing for mortgage rates today; prevents them from bouncing HIGHER.

It also paves the way for the Fed to justify a rate cut next week less friction.

And gets us ever closer to the 5s for the 30-year fixed, albeit slowly and likely with resistance.

CPI Report Could Send Mortgage Rates to the 5s or Back Toward the Mid-6s - The Truth About Mortgage It’s been a good couple of weeks for mortgage rates during the ongoing government shutdown. Historically, they tend to do well when the government isn’t

More thoughts here: www.thetruthaboutmortgage.com/cpi-report-c...

🚨 Big CPI report tomorrow (delayed due to the shutdown). And the ONLY data report we'll get for a while.

If it comes in hot, mortgage rates might push back toward 6.5%.

If it comes in cold, mortgage rates might be knocking on 5%'s door.

The first time they've been there since February 2nd, 2023!

New Forecast Says Mortgage Rates Will Stay Above 6% Through at Least 2028 - The Truth About Mortgage Sorry to throw cold water on the recent mortgage rate rally, but this could be as good as it gets. At least, if you believe the latest forecast from the

More details here and what I think will happen.

www.thetruthaboutmortgage.com/new-forecast...