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Money Rehab with Nicole Lapin

Mo’ Mortgage, Mo’ Problems Pt 2

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 7 July 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

In Part 2 of Nicole’s primer on mortgages, she shares her tips on interest rates… and her all-time favorite mortgage hack.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey guys, are you ready for some money rehab?

0:05.0

Wall Street has been completely upended by an unlikely player. Game stop.

0:09.0

That's a good name.

0:10.0

And should I have a 401k?

0:12.0

But I don't do it!

0:13.0

No, I know!

0:15.0

I thought you'd think the whole world would walk around you on your money.

0:18.0

What a dust!

0:20.0

Charge for wasting our time.

0:24.0

I will take a check.

0:25.0

I got a full scoop.

0:27.0

You recognize her from Anchoring on CNN, CNBC, and Bloomberg.

0:31.0

The only financial expert you don't need a dictionary to understand.

0:36.0

The cold lap been.

0:38.0

And we're back!

0:39.0

Yesterday we started to answer this question from Tiffany.

0:44.0

Hey Nicole, I just bought my first house and I'm worried that it's a mistake.

0:47.0

There's so much paperwork and it's really overwhelming and it just makes me feel like I'm not smart enough to figure this out.

0:52.0

Specifically all the mortgage stuff. I don't know what I'm doing at all or which kind of mortgage to sign up for.

0:58.0

Help!

0:58.0

In part one of my mortgage primer, I explained why you want a 15 year fixed rate mortgage.

1:05.0

And today we're going to be tackling strategy when it comes to the interest rate, your down payment, and your mortgage points.

...

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