If We are All sure We are right, Who’s wrong. Data Mining and the Dangers of Curated News.

Did you know the Hawaiian Islands are that spread out? It’s like when someone visits the U.S. for a week and thinks they can drive coast to coast and back—nice idea, not realistic.

Today, CNBC real estate contributor Diana Olick sounded the alarm on mortgage delinquencies. But context matters. The increase was barely a blip, rising from 0.95% to 1.01%. Blink and you’d miss it.

There’s a real danger when the news is tailored just for us—not for everyone. It tells us exactly what we want to hear, exactly when we want to hear it. And that’s the problem.

We’re making financial decisions that will shape the rest of our lives—based on what, exactly? Take a moment. Breathe. Mortgage rates are gradually coming down, and real estate has consistently proven to be one of the best long-term investments.

http://www.YourApplicationOnline.com


Leave a comment

Discover more from Mortgage News

Subscribe now to keep reading and get access to the full archive.

Continue reading