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Should You Pay Off Your Mortgage NOW? #114

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Manage episode 341537194 series 2866300
Content provided by Brad Finn and JJ Buckner, Brad Finn, and JJ Buckner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brad Finn and JJ Buckner, Brad Finn, and JJ Buckner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
📱 Support The Podcast And Join The Average Money Community Discord: https://www.patreon.com/averagemoneyThere are more information links under the description.We really packed a ton of information into this video. It starts with our usual 10 min intro of what's going on in our lives before we dive into the money topic for the week. We focused on real estate and current interest rates and how that is not only effecting mortgages, but home prices. Not many people are thinking about the correlation between the slightly inflated home prices right now and how buying now may save you money in the long run between purchase price and interest. Often times, home buyer dont look at the total price of the house over the whole term of the mortgage. We try and dive into the different perspectives. We also look at how people that are purchasing houses now may want to think about how fast they are going to pay off their mortgage. In the past few years leaving your mortgage around because the interest was so low was and easy decision. Now with rising prices it may make more sense to pay off your mortgage now or consider at 15 year mortgage over a 30 years. These are the topics we discuss today. THESE LINKS ARE AFFILIATE THINKS. BY CLICKING THEM YOU SUPPORT THE PODCAST WITH NO COST TO YOU. WE THANK YOU SO MUCH FOR YOUR SUPPORT!👉🏻 Invest with M1 Finance and Get Free $30 when you deposit $1,000:: https://m1finance.8bxp97.net/a1WqjZ 😍 Term Life Insurance Lets You Be Prepared For The Unexpected. We Both Have Ladder Term Life Insurance! Support The Podcast by JUST GETTING A QUOTE: https://ladder.pxf.io/a1A1NW 📈 What We Use To Research/Analyze Stocks: https://www.stockrover.com/why-stock-rover/?sa_author=averagemoneypodcast 📝 The Beginners Guide to Options Trading Course: https://averagemoney.teachable.com/ 👊 Get Your Average Money Merch: https://average-money-merch.creator-spring.com/ 📞 Schedule a Call About Money, Investing, Managing Money, etc: https://clarity.fm/averagemoney 🕸Our Website: https://averagemoneypodcast.com 📷Follow Us on Instagram:https://www.instagram.com/averagemoneypodcast/📧Contact For Booking/Sponsorships: AverageMoneyPodcast@gmail.com
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137 episodes

Artwork
iconShare
 
Manage episode 341537194 series 2866300
Content provided by Brad Finn and JJ Buckner, Brad Finn, and JJ Buckner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brad Finn and JJ Buckner, Brad Finn, and JJ Buckner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
📱 Support The Podcast And Join The Average Money Community Discord: https://www.patreon.com/averagemoneyThere are more information links under the description.We really packed a ton of information into this video. It starts with our usual 10 min intro of what's going on in our lives before we dive into the money topic for the week. We focused on real estate and current interest rates and how that is not only effecting mortgages, but home prices. Not many people are thinking about the correlation between the slightly inflated home prices right now and how buying now may save you money in the long run between purchase price and interest. Often times, home buyer dont look at the total price of the house over the whole term of the mortgage. We try and dive into the different perspectives. We also look at how people that are purchasing houses now may want to think about how fast they are going to pay off their mortgage. In the past few years leaving your mortgage around because the interest was so low was and easy decision. Now with rising prices it may make more sense to pay off your mortgage now or consider at 15 year mortgage over a 30 years. These are the topics we discuss today. THESE LINKS ARE AFFILIATE THINKS. BY CLICKING THEM YOU SUPPORT THE PODCAST WITH NO COST TO YOU. WE THANK YOU SO MUCH FOR YOUR SUPPORT!👉🏻 Invest with M1 Finance and Get Free $30 when you deposit $1,000:: https://m1finance.8bxp97.net/a1WqjZ 😍 Term Life Insurance Lets You Be Prepared For The Unexpected. We Both Have Ladder Term Life Insurance! Support The Podcast by JUST GETTING A QUOTE: https://ladder.pxf.io/a1A1NW 📈 What We Use To Research/Analyze Stocks: https://www.stockrover.com/why-stock-rover/?sa_author=averagemoneypodcast 📝 The Beginners Guide to Options Trading Course: https://averagemoney.teachable.com/ 👊 Get Your Average Money Merch: https://average-money-merch.creator-spring.com/ 📞 Schedule a Call About Money, Investing, Managing Money, etc: https://clarity.fm/averagemoney 🕸Our Website: https://averagemoneypodcast.com 📷Follow Us on Instagram:https://www.instagram.com/averagemoneypodcast/📧Contact For Booking/Sponsorships: AverageMoneyPodcast@gmail.com
  continue reading

137 episodes

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