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Podcast: The Numbers Game
Episode: Should You Fix Your Interest Rate In 2023? - 1 Percenters
Description: Welcome to episode 89 of The Numbers Game. On today's show we're taking a deep dive into the financial fork in the road that homeowners are facing in 2023. We're breaking down the big decision between fixed and variable home loans, and we're laying out the pros and cons of both. 1 Percenters:Pros and cons of fixing vs variable home loan ratesUnderstanding fixed rate home loans and practical tips for homeownersBenefits of both fixed and variable rate mortgagesImpact of interest rate increases on property valueDebt consolidation case study of a couple facing financial difficultyPower of compounding and reducing l...