It's No Secret
Catherine Emerson & Christine Jensen
Podcast
Episodes
Listen, download, subscribe
47. How Do I Manage Rising Mortgage Rates?
With interest rates on the rise, many of you are feeling the pinch - especially those with a mortgage! So, what steps can you take to help deal with the extra interest payments? Tune in to see what you can do to cut costs and give yourself more flexibility in the short term. In this episode we cover: Why extending your mortgage may be an option for you to consider, especially if you are well into your mortgage termThe pros and cons of having a fixed rate vs a floating rate mortgage and how you can take advantage of each optionWhy paying interest only on your mortgage could be an option to consider to help you with flexibility in the short termWho you can go to for financial planning support i.e, your bank, friends and family, and community resources.If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend. SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify Follow us for fun chat & financial tidbits on IG: @itsnosecretnz Got questions? Get in touch: www.itsnosecret.co.nz
It's No Secret RSS Feed
