Ep. 12 - Smart Mortgage Strategies: How to shop, save, and strategize

06/11/2025 52 min Episodio 12
Ep. 12 - Smart Mortgage Strategies: How to shop, save, and strategize

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Episode Synopsis

Would you like a FREE one-on-one financial health checkup? Visit https://investwithvision.caMortgages Demystified: From First Home to Retirement Planning | The Retire in BC PodcastConfused by mortgages? You’re not alone! In this episode, Ben and Arnold Machel break down everything you need to know about mortgages—whether you’re buying your first home, refinancing, or planning for retirement.We cover:What a mortgage really is (hint: it’s just a loan, but with some important twists)Fixed vs. floating rates and how to choose what’s right for youHow banks determine your qualifying amount and interest rateThe power of pre-approvals and how to shop around for the best dealCreative strategies for homeowners, including re-advanceable mortgages, HELOCs, and reverse mortgagesThe difference between land and building value and why it matters for long-term wealthWhether you’re just starting out or have owned homes for decades, this episode is packed with practical advice to help your mortgage work for you—not the other way around.🎧 Tune in and get confident about your mortgage strategy today! Hosted on Acast. See acast.com/privacy for more information.