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WAW082: How to Pick the Right Home Loan
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WAW082: How to Pick the Right Home Loan
If you are interested in a 1-on-1 financial coaching session, please contact selfreliantfi@gmail.com to schedule a free consultation. We’re here for you.
Home purchase is likely the biggest purchase you’ll ever have to make. But how do you know what home loan product is right for you? You hear terms like “fixed rate” and “ARM”, but what does that all mean? Does one have an advantage over the other? Are there home loans that you should avoid? If you’re thinking of buying a home or in the process of buying one, you don’t want to miss this episode.
As always, if you have any questions, comments, or topic recommendations, please email us at awordaboutwealth@gmail.com. Subscribe to future episodes of “A Word About Wealth” as we strive to deliver financial entertainment to the masses.
References:
1. Check out our previous episodes related to home buying:
- WAW003: Hot Home Buying Tips
- WAW067: Can I Afford It House Edition
2. Some great references about the home market in the United States:
- https://www.car.org/Global/Infographics/Q1-2022-HAI
- https://www.freddiemac.com/pmms/pmms30
- https://www.bankrate.com/mortgages/types-of-mortgages
- https://www.investopedia.com/mortgage/mortgage-rates/fixed-versus-adjustable-rate/
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