5 • 706 Ratings
🗓️ 15 November 2022
⏱️ 15 minutes
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| 0:00.0 | Discover the tips and strategies that will help you achieve your retirement goals. |
| 0:09.3 | I'm your host, James Canole, and this is the podcast dedicated to helping you retire well. |
| 0:14.3 | It all starts right here on Ready for Retirement. retirement. |
| 0:30.0 | Hi, everyone and welcome back to another episode of Ready for Retirement. I'm your host, |
| 0:33.7 | James Knoll. On today's podcast, we're going to be talking about something that has changed quite a bit in the last several months to a year, and that is mortgage rates. |
| 0:38.7 | Mortgage rates, of course, have risen dramatically with the increase in the Fed Funds |
| 0:42.1 | rate and the increase in rates as a whole in the U.S. and around the world in the past several |
| 0:46.0 | months. |
| 0:46.8 | And one of the questions a lot of people have is if you are getting a new mortgage or if for |
| 0:51.5 | whatever reason you are financing, there's the talk around should I get |
| 0:55.6 | a 30 year rate? Should I get a 15 year rate? What's more effective? So we're going to look at that |
| 1:01.0 | and we're going to look at what saves you the most in interest, what saves you the most overall |
| 1:05.3 | in light of your overall financial plan. And I think some of the things we'll talk about might |
| 1:09.1 | surprise a lot of people in terms of |
| 1:11.3 | not seeing things the way most people see things and wanting to make sure we're viewing |
| 1:15.3 | things in an accurate light. Before we jump in, just real quick, if you've not already done so, |
| 1:19.9 | really appreciate when you leave a review for the podcast. More reviews allows more people |
| 1:23.7 | to find the podcast, allows more people to have good information as they're planning |
| 1:27.6 | for their retirement. And if you haven't done so already, please be sure to check us out on |
| 1:31.5 | YouTube under Root Financial. This content and more great content like it is always available |
| 1:36.7 | there and of course always at no cost. So check us out on YouTube, subscribe to the YouTube |
| 1:41.8 | channel, leave a review here on the podcast, and with |
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