Adjustable rate mortgages were vilified after the housing crash, but were they really to blame? In the current market environment, these mortgages may actually be one of the BEST options available.
I’ll explain exactly what ARMs are, why they had problems in the past, and how they could potentially save you tens of thousands of dollars over the next several years - when used correctly.
Debt is a game. Learn the rules so you can play it well and keep more money in your pocket when the FED starts lowering rates!
Chapters
(00:00:00) - Intro
(00:00:25) - What is an ARM?
(00:01:00) - Why ARMs got a bad reputation
(00:02:31) - Why ARMs could work in the current market
(00:03:12) - The inverted yield curve explained
(00:03:35) - Future prospects and benefits of ARMs
(00:04:58) - Debt is a game (Play it wisely)
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