The Million Dollar Money Decisions You Should Be Focusing On
The Personal Finance Podcast
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The Opportunity Cost of Mortgage Interest Rates
Mortgage interest has a major impact on your life as well. In 2020, just two years ago, I locked an interest rate at 2.7%. Now interest rates are climbing well past 6%. Just at 6% is $1,022 every single month, just based on the interest rate that you got. This is something that can absolutely cripple your wealth if you are not aware of this. Making sure you're paying a reduction in fees is absolutely imperative.
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