The 30-Year Mortgage Trap: Why Being House Rich is Keeping You Poor - Michael Newmann
Is the traditional 30-year fixed mortgage actually the safest financial choice—or is it a cleverly disguised wealth trap keeping you in debt?
Michael Newmann, Branch Manager and Senior Loan Officer at CMG Home Loans, joins the show to expose the harsh reality of traditional lending. With over 20 years of experience and a degree in psychology, Michael understands that most of our financial decisions are driven by deeply ingrained fears and emotional biases, rather than logic.
This episode dives into the FailCraft theme of dismantling the systems we blindly accept. Michael breaks down the…
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