Making Smart Mortgage Decisions: A First-Time Homebuyer's Guide

08/08/2025 1h 7min Temporada 1 Episodio 5
Making Smart Mortgage Decisions: A First-Time Homebuyer's Guide

Listen "Making Smart Mortgage Decisions: A First-Time Homebuyer's Guide"

Episode Synopsis

Send us a textDid you know that 60% of borrowers break their mortgages within the first five years, often facing steep penalties that dwarf any rate savings? In this eye-opening episode, mortgage expert Rahim Virani shares crucial insights for first-time homebuyers, drawing from a decade of experience in the field.Discover why seemingly simple decisions like choosing between fixed and variable rates can have profound implications on your financial future. Rahim challenges conventional wisdom by revealing how banks profit more from penalties than interest rates, and why life changes should influence your mortgage choices.Key takeaways:The hidden costs of breaking fixed mortgagesWhy credit score management mattersThe impact of major purchases before closingStrategic debt consolidation approachesThe importance of long-term financial planningBefore you make one of life's biggest financial decisions, tune into this essential episode that could save you thousands in unexpected penalties and help you navigate the complex world of mortgages with confidence.🎧 Listen now to arm yourself with the knowledge you need for your homebuying journey.Here is Rahim's contact info: Rahim ViraniSenior Mortgage PlannerMortgageLinePowered by Mortgage ArchitectsPhone: 403.471.3552E-mail: [email protected]:  www.rahimvirani.ca Anastasia DvorakReal Estate Agent/RealtorCIR REALTY, Calgary, AlbertaServing Calgary and the surrounding areaText me: 403.835.6913 Note: I do not always pick up my phone as I am busy with clients, so for the fastest response, it's better to text me or schedule an appointment online here: https://calendly.com/calgarylifestyleguideBook an Appt: https://calendly.com/calgarylifestyleguideEmail me: [email protected] (note: please make sure to add your cell phone number at the end of your email. I reply to every email, but sometimes it goes into your junk folder - that way I can still get in touch with you even if my reply email message gets filtered by your email system. Thank you!)DM me on Instagram @CalgaryLifestyleguide THANK YOU FOR LISTENING, COMMENTING & SUBSCRIBING!♥