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Ep 29 - Mortgage Mistakes and Pitfalls
Manage episode 363292228 series 3447799
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Listen to HomeWise Radio Sunday mornings at 9amCT on NewsTalkSTL 101.9, 94.1, and 99.1 HD3
0:00 SEG 1 It is a unique time to buy a house | Home affordability is down | Inflation news varies depending on who you are getting it from | The Fed tightened again | The cashier at Walmart has a different perspective on inflation | Fixed-rate mortgages are generally cheaper as time goes on | The buy down craze | Buy downs are often explained incorrectly
18:12 SEG 2 Situations that look like they will save you money on your mortgage but will actually cost you money | The adjustable-rate mortgage | Military personnel sometimes know how long they will be stationed somewhere
34:24 SEG 3 Owning a home is a marathon, not a sprint | Cash out refinance | Debt consolidation | Refinancing during the pandemic | Bi-Weekly payments
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