059 - Tammy Symons – Managing your Mortgage
KTs Money Matters
English - October 11, 2018 07:00 - 26 minutes - ★★★★★ - 7 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, KT and Tammy Symons discuss:
The benefit of paying off your mortgage versus investing your money.Some of the factors to consider when you’re going into retirement.The historical pattern of mortgage interest rates over the last 10+ years and how it is changing now.The pros and cons of some of the ways in which you can use your investments to pay/pay off your mortgage.Key Takeaways:
There is no one size fits all answer to financial questions regarding your home.Going into retirement with no major financial obligations is far more reassuring than having large financial obligations.Pay attention to your interest rates over various debts – The rule of thumb states pay off your highest interest rate first.Don’t take money out of your home to put it into the market."If you have a mortgage right now, this is the lowest mortgage that you are going to have. If you have gotten it over the last 10 years…" — Tammy Symons
Connect with Tammy Symons:
Website: www.newdaysolutions.com
Email: [email protected]
Phone: 603-758-1101
Click here to reach KT
See KT's interview on C-Suite Network's Best Seller TV
Connect with KT Thomas: http://ktsmoneymatters.com/
Purchase KT's book- The Hardworking Woman's Guide to Money
Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, KT and Tammy Symons discuss:
The benefit of paying off your mortgage versus investing your money.Some of the factors to consider when you’re going into retirement.The historical pattern of mortgage interest rates over the last 10+ years and how it is changing now.The pros and cons of some of the ways in which you can use your investments to pay/pay off your mortgage.Key Takeaways:
There is no one size fits all answer to financial questions regarding your home.Going into retirement with no major financial obligations is far more reassuring than having large financial obligations.Pay attention to your interest rates over various debts – The rule of thumb states pay off your highest interest rate first.Don’t take money out of your home to put it into the market."If you have a mortgage right now, this is the lowest mortgage that you are going to have. If you have gotten it over the last 10 years…" — Tammy Symons
Connect with Tammy Symons:
Website: www.newdaysolutions.com
Email: [email protected]
Phone: 603-758-1101
See KT's interview on C-Suite Network's Best Seller TV
Connect with KT Thomas: http://ktsmoneymatters.com/
Purchase KT's book- The Hardworking Woman's Guide to Money
Learn more about your ad choices. Visit megaphone.fm/adchoices