BONUS call: Mortgage Rates

Jill on Money with Jill Schlesinger

Audacy

Education, Investing, Business, Self-improvement

4.6 • 1.9K Ratings

🗓️ 31 October 2017

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Imagine that you have a very cheap mortgage but the rate is adjustable and not fixed. Also imagine that you have the cashflow to lock it in. Should you do it? That's the scenario on the latest BONUS call as we're chatting with Matt in Pennsylvania. Better Off is sponsored by Betterment. Please let us know what you think by leaving a rating or review in iTunes. Connect with me at these places for all my content: http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ https://soundcloud.com/jill-schlesinger http://www.stitcher.com/podcast/jill-on-money http://betteroffpodcast.com/ https://itunes.apple.com/us/podcast/better-off-jill-schlesinger/id431167790?mt=2

Transcript

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0:00.0	Welcome to the Better Off Bonus Call of the Week.
0:05.6	We're sponsored by Betterment, the largest independent online financial
0:09.3	advisor.
0:10.3	Remember, you've got two chances every week to get on the air.
0:13.2	We do our better off bonus call of the week. We drop that on Tuesdays.
0:16.2	On Thursdays, we've got our long interview segment, but we follow it with a question from one of you.
0:21.6	If you'd like to get in touch just shoot us an email
0:24.0	ask Jill at betteroff podcast.com. So today we've got Matt from Pennsylvania.
0:29.4	Hey Matt, welcome to Better Off. What can we do for you? Well, I'm looking for a little advice. My wife and I were 37. We got four kids.
0:38.0	Four kids. I know. Two wasn't enough. You got to do four college educations now you got it oh brother you're a
0:45.6	glutton okay how old are the kids they are young still which is good they are
0:50.9	eight six four and we have a six month old oh my god is good night
0:53.4	month old.
0:54.4	My God, when's the last time you got a good night's sleep?
0:57.0	Tell the truth.
0:58.0	Tell the truth.
0:59.0	I would say that was probably about 2007. I just at least you're honest about it.
1:07.6	Oh brother okay.
1:09.6	Eight six four and six months guys are, you are really awesome. So good for you. So you're both 37.
1:18.8	Are you both working or what's happening here income wise?
1:23.7	So we both work, my wife works part time but full time at home.
1:27.4	I have to make sure I say that.
	...

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