The Prosperity Podcast What To Do When Rates Drop - Episode 589
Tune in to the Prosperity Podcast as Kim offers her no-nonsense insights on current mortgage rates and refinancing. With a straightforward perspective, she shares the importance of locking in a fixed rate and compares it to life insurance’s long-term benefits. Get financial wisdom for today and future clarity!
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Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today!
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Links and Resources from this Episode
- For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/
- http://prosperityparents.com/
- https://prosperitythinkers.com/action/
- https://www.youtube.com/@KimDHButler
- To be invited into Currence send an email to hello@prosperitythinkers.com with the subject line: Currence
Show Notes
- Historical perspective on mortgage rates.
- The value of a 30-year fixed mortgage.
- Comparing mortgage rates to past decades.
- Locking in mortgage rates below 8%.
- Life insurance and long-term financial planning.
- Understanding the impact of present value math.
- The desire for wealth and financial freedom.
- Personal experience with wealth in early career.
- Advice for young investors: don’t fear high values.
- Importance of preserving principal.
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