Andrew Baxter

@andrewbaxter

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How to Save on Your Mortgage | Money and Investing | Andrew Baxter

Low interest rates have offered a great opportunity to investors to enter the market cheaply over the last few years, but that is about to change. In this week’s Money and Investing Show, tune in as host Andrew Baxter runs through some nifty ways to keep up on your mortgage repayments with higher interest rates:
Interest Rates and Mortgage Repayments

Interest rates have remained unchanged at very low levels for the last 10 years making it very cheap to borrow. As host Andrew Baxter points out however, those approaching the end of their fixed rate terms will be concerned in hearing that interest rates are soon to be increased in the US and swiftly followed by the Reserve Bank of Australia. Increased rates mean higher repayments, and higher repayments mean less money in your account to spend. In this podcast, join Andrew and Mitch as they explore some options to help soften the blow when the due dates for those upcoming repayments to keep up with.

https://medium.com/@andrewbaxter045/how-to-save-on-your-mortgage-money-and-investing-fb019c13e9ff

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