Should homeowners refinance with these lower rates? That depends on what the breakeven point is.
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YouTubeThe Real Estate Advantage
Should homeowners refinance with these lower rates? That depends on what the breakeven point is.
With the current lower interest rates, many homeowners are considering refinancing their mortgage to take advantage of the potential savings. However, it's essential to determine if refinancing is the right decision for your specific situation. A crucial factor to consider is the breakeven point, which is the point at which the savings from the ...
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Martin Lewis: '18 to 40? Get £1 in a LISA (even if you own a home)'
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Sure the 100 year mortgage isn’t a real thing (yet) but what is real is the way predatory lending works to communicate with people who don’t have financial literacy and are in need of a reduction in cost of living. Trying to make generational debt happen is wild. 😭 In this video I used 30 year mortgage loan for a $500,000 house. Interest rate: 7.10% Payment: $3,360/month If we extend to 100 years (1,200 months) at 7.10%, the monthly payment becomes: $2,960 per month 🫠 In other words: A 100-yea
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Sure the 100 year mortgage isn’t a real thing (yet) but what is real is the way predatory lending works to communicate with people who don’t have financial literacy and are in need of a reduction in cost of living. Trying to make generational debt happen is wild. 😭 In this video I used 30 year mortgage loan for a $500,000 house. Interest rate: 7.10% Payment: $3,360/month If we extend to 100 years (1,200 months) at 7.10%, the monthly payment becomes: $2,960 per month 🫠 In other words: A 100-yea
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🤯 Feel like the system is rigged? You’re not wrong. Here is the quiet power move nobody teaches us 👇 💸 The average American pays about 9k a year in mortgage interest 🏦 Not to a person. Not to a family. To a bank. Now imagine this instead: 🏘️ Every time a property changes hands, we ask “Could this be person to person instead of through a bank?” That is seller financing. It is neighbors paying neighbors. It is interest staying in communities instead of on Wall Street. When we learn the langua
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🤯 Feel like the system is rigged? You’re not wrong. Here is the quiet power move nobody teaches us 👇 💸 The average American pays about 9k a year in mortgage interest 🏦 Not to a person. Not to a family. To a bank. Now imagine this instead: 🏘️ Every time a property changes hands, we ask “Could this be person to person instead of through a bank?” That is seller financing. It is neighbors paying neighbors. It is interest staying in communities instead of on Wall Street. When we learn the langua
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Ultimate Mortgage Calculator Tool: Calculate Your Home Loan Like a Pro!
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Ultimate Mortgage Calculator Tool: Calculate Your Home Loan Like a Pro!
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Want to pay off your house faster without paying more? Go biweekly. It turns 12 payments into 13 and shaves years off your mortgage. Simple. Effective. Slept on. #personalfinance #mortgage
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Want to pay off your house faster without paying more? Go biweekly. It turns 12 payments into 13 and shaves years off your mortgage. Simple. Effective. Slept on. #personalfinance #mortgage
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Want to pay off your house faster without paying more? Go biweekly. It turns 12 payments into 13 and shaves years off your mortgage. Simple. Effective. Slept on. #personalfinance #mortgage
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Sure the 100 year mortgage isn’t a real thing (yet) but what is real is the way predatory lending works to communicate with people who don’t have financial literacy and are in need of a reduction in cost of living. Trying to make generational debt happen is wild. 😭 In this video I used 30 year mortgage loan for a $500,000 house. Interest rate: 7.10% Payment: $3,360/month If we extend to 100 years (1,200 months) at 7.10%, the monthly payment becomes: $2,960 per month 🫠 In other words: A 100-yea
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🤯 Feel like the system is rigged? You’re not wrong. Here is the quiet power move nobody teaches us 👇 💸 The average American pays about 9k a year in mortgage interest 🏦 Not to a person. Not to a family. To a bank. Now imagine this instead: 🏘️ Every time a property changes hands, we ask “Could this be person to person instead of through a bank?” That is seller financing. It is neighbors paying neighbors. It is interest staying in communities instead of on Wall Street. When we learn the langua
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