The Wealth Without Wall Street Podcast cover image

Round Table | When is the Right Time to Pay Off My House?

The Wealth Without Wall Street Podcast

00:00

Why Should You Refinance Your Mortgage?

People are making bad decisions or having 15 year mortgages. They're taking all this extra cash and trying to pay off their houses. Man, they should not be doing that. Should be refinancing out, taking cash and putting it into the stock market. The stock market is on a bull run, and they're going to have a pool of cash in five to 30 years. Thats going to be so much greater than what it costs them, right? Makes sense. And you know what, if they're really smart, they'll use these veriable interest rate mortgages that even give em a lower interest rate, and they'll just keepre financing every three to five years as their house

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app