Mo Money

#421 Mortgage offset account vs redraw

Oct 21, 2024
Discover the costly mortgage mistakes many make by confusing offset accounts with redraw facilities. Learn how these tools can impact your financial strategy, showcasing immediate interest savings versus repayment flexibility. The importance of utilizing a knowledgeable mortgage broker is highlighted, emphasizing that personal connections don't always lead to the best deals. Explore the pros and cons of each option to make informed choices in property investments. It's a must-listen for current and aspiring homeowners to optimize their finances!
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