04.27.23 New Mortgage Fees Explained / Shedding Light On The Best Sunscreens

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 27 April 2023

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

New federal rules on mortgage fees - known as loan level price adjustments - have a lot of people hot under the collar. This affects people in different ways depending on credit score and down payment. Clark explains what’s going on and those most affected. Also - Summer approaches, and skin cancer rates dictate protecting your skin. You can also protect your wallet because the best sunscreens are not necessarily the most expensive. And then there’s the chemical vs mineral block sunscreen debate…. New Mortgage Lending Fees: Segment 1 Ask Clark: Segment 2 Best Sunscreens: Segment 3 Ask Clark: Segment 4 Mentioned on the show Mortgage fees are changing for homebuyers next month. Here's what you should know. NYPost - How the US is subsidizing high-risk homebuyers — at the cost of those with good credit Is There Really a New, Unfair Mortgage Tax on Those With High Credit? Mortgages Archives - Clark Howard What Are the Benefits of an Assumable Mortgage? Should You Buy Out Your Leased Car? Consumer Reports’ best sunscreen of 2023 is only $5 from Walmart (Skin cancer is the most common cancer in the United States.) Certified Pre-Owned Vehicles: What You Need to Know Before You Buy Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Meet John. Hello.
0:01.6	It's Friday night and he's just dented his partner's new car.
0:05.6	Now he's wondering if he can make a claim before she gets back home on Monday.
0:09.6	Thankfully, Aviva can help solve this car insurance conundrum.
0:13.2	We're available for new planes around the clock, so John can sort this out right away.
0:18.0	Breaking the news is up to him though. Um, darling?
0:21.1	Helping solve your car insurance puzzles?
0:23.4	It takes Aviva. Get a quote today at Aviva.co.uk.
0:30.1	It's my pleasure to welcome you to the Clark Howard Show.
0:38.3	Our emissions to serve you and empower you to make better financial decisions in your life.
0:45.1	Today, I'm going to address something we have received just question after question about
0:51.3	a lot of anger stirred up right now about new rules on mortgages that roughly 60% of us
1:00.1	take out when we take out a mortgage known as the loan level price adjustments.
1:06.2	Normally, loan level price adjustments would be a great way for somebody to fall asleep hearing
1:12.7	a discussion about it. I'm going to try to make sense of this if I can.
1:18.1	So speaking of hot, summer is just around the corner.
1:23.8	I can't wait. The hotter it is for me, the better.
1:27.5	My predicted daytime temperature that I really prefer is when the first digit is at least a nine,
1:35.1	90 or above. No, a lot of people don't like that.
1:38.9	But there's something that I do during the times I'm outdoors.
1:43.4	I slather on sunscreen, but I'm cheap at the same time.
1:48.4	How do you save money saving your skin? Well, we're going to talk about that.
	...

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