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649 end of year property & mortgage recap (fixed vs variable, re-fi tips, PPOR to PPOR & IP + more)

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Solutions for Being Stuck in a Mortgage Prison

In this chapter, they discuss the issue of being stuck in a mortgage prison and the potential solutions for it. They mention negotiating with the bank to switch to a different product with lower interest rates, even if refinancing is not an option. They give an example of a client who was able to save money on interest by changing their product.

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