30 Year Mortgage - the Best choice backed by the Math
Description
The Fed finally lowered interest rates and the mortgage companies are relentlessly pushing for refinances. What is the best choice? In almost all cases, it is the 30 year fixed. Why? Many reasons - listen in and find out!
Highlights
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Fed lowers interest rates: Mortgage opportunities.
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Velocity banking: An Australian trick.
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Bet on yourself: God-driven decisions.
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15-year vs 30-year mortgages: Initial setup.
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Payment calculations: Mortgage comparison.
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15-year mortgage interest: Quick payoff impact.
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Cash vs mortgage: Wealth building scenarios.
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Million-dollar example: Time as a financial factor.
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Tax misconceptions: Understanding tax brackets.
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Inflation impact on mortgages: Long-term effects.
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Financial strategies: Tax and deduction insights.
Links and Resources from this Episode
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