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Podcast: Creating Wealth Real Estate Investing with Jason Hartman
Episode: 1527: Gift From Jerome Powell, Take Advantage of Mortgage Interest Rates
Description: Jason Hartman pulls out the Hp12c Platinum Financial Calculator for a field trip down inflation lane. This trip was spawned by the gift from Jerome Powell, chair of the Federal Reserve. Today, Jason shares how the current mortgage interest rates can benefit you, especially when compared to interest rates from 2006. How can we calculate benefits of mortgage rates, how do we factor in inflation, and should we consider hedonic indexing? Key Takeaways: [1:00] A gift from Jerome Powell:Â [6:45] Jason explains how the change in mortgage interest rates from 2006 to 2020 means you can get 70% m...