<description>&lt;p dir="ltr"&gt;The Fed finally lowered interest rates and the mortgage companies are relentlessly pushing for refinances. What is the best choice? In almost all cases, it is the 30 year fixed. Why? Many reasons - listen in and find out!&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;Highlights&lt;/strong&gt;&lt;/p&gt; &lt;ul&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Fed lowers interest rates: Mortgage opportunities.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Velocity banking: An Australian trick.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Bet on yourself: God-driven decisions.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;15-year vs 30-year mortgages: Initial setup.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Payment calculations: Mortgage comparison.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;15-year mortgage interest: Quick payoff impact.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Cash vs mortgage: Wealth building scenarios.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Million-dollar example: Time as a financial factor.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Tax misconceptions: Understanding tax brackets.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Inflation impact on mortgages: Long-term effects.&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Financial strategies: Tax and deduction insights.&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;Links and Resources from this Episode&lt;/strong&gt;&lt;/p&gt; &lt;ul&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Connect with Gary Pinkerton&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;&lt;a href= "https://www.paradigmlife.net/"&gt;https://www.paradigmlife.net/&lt;/a&gt; &lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;&lt;a href= "mailto:gpinkerton@paradigmlife.net"&gt;gpinkerton@paradigmlife.net&lt;/a&gt;&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;&lt;a href= "https://garypinkerton.com/"&gt;https://garypinkerton.com/&lt;/a&gt; &lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;&lt;a href= "https://clientportal.paradigmlife.net/WealthView360"&gt;https://clientportal.paradigmlife.net/WealthView360&lt;/a&gt; &lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;Review, Subscribe and Share&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;If you like what you hear please leave a review by &lt;a href= "https://podcasts.apple.com/us/podcast/garys-gulch/id1531010029"&gt;clicking here&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Make sure you're subscribed to the podcast so you get the latest episodes.&lt;/p&gt; &lt;ul&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Subscribe with &lt;a href= "https://podcasts.apple.com/us/podcast/garys-gulch/id1531010029"&gt;Apple Podcasts&lt;/a&gt;&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Follow on &lt;a href= "https://www.audible.com/pd/Garys-Gulch-Podcast/B08JJPJDW3"&gt;Audible&lt;/a&gt;&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Subscribe with &lt;a href= "https://www.listennotes.com/podcasts/garys-gulch-gary-pinkerton-UZzgvl9BRno/"&gt; Listen Notes&lt;/a&gt;&lt;/p&gt; &lt;/li&gt; &lt;li dir="ltr" aria-level="1"&gt; &lt;p dir="ltr" role="presentation"&gt;Subscribe with &lt;a href= "https://garywpinkerton.libsyn.com/"&gt;RSS&lt;/a&gt;&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt;</description>

Gary's Gulch

Gary Pinkerton

30 Year Mortgage - the Best choice backed by the Math

SEP 30, 202530 MIN
Gary's Gulch

30 Year Mortgage - the Best choice backed by the Math

SEP 30, 202530 MIN

Description

The Fed finally lowered interest rates and the mortgage companies are relentlessly pushing for refinances. What is the best choice? In almost all cases, it is the 30 year fixed. Why? Many reasons - listen in and find out!

Highlights

  • Fed lowers interest rates: Mortgage opportunities.

  • Velocity banking: An Australian trick.

  • Bet on yourself: God-driven decisions.

  • 15-year vs 30-year mortgages: Initial setup.

  • Payment calculations: Mortgage comparison.

  • 15-year mortgage interest: Quick payoff impact.

  • Cash vs mortgage: Wealth building scenarios.

  • Million-dollar example: Time as a financial factor.

  • Tax misconceptions: Understanding tax brackets.

  • Inflation impact on mortgages: Long-term effects.

  • Financial strategies: Tax and deduction insights.

Links and Resources from this Episode

Review, Subscribe and Share

If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.