Interest Rates Are Rising. How Can You Manage Your Home Loan? | Money Mind | Mortgage

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  • Опубликовано: 4 окт 2024
  • As the cost of borrowing goes up, what are the best money moves for home-owners and property investors?
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Комментарии • 20

  • @kamwaichan8048
    @kamwaichan8048 2 года назад +5

    Be very careful, interest rates will keep going up. Inflation will be here to stay for a longer period, get out when you can, best option is to down size, don't get burnt

  • @oklahoma1232
    @oklahoma1232 2 года назад +2

    The happiest & carefree persons are the homeless or those who are fully dependent on welfare like in the Italian neighbour who has been on welfare for 45 years, the state takes care of everything. I live in a caravan not a park bench.

  • @greatasia606
    @greatasia606 2 года назад +6

    You should look at 3.5 to 4.5%.

    • @holypunk12
      @holypunk12 2 года назад

      Caped at CPF OA only!

  • @MoneywithEumi
    @MoneywithEumi 2 года назад +1

    Inflation benefits people who owns assets as those rise over time. The general public don't own assets so they're the ones suffering where there's inflation.

  • @adeimansobarkah1560
    @adeimansobarkah1560 2 года назад

    Buy a house with syaria bank. With syaria law, whatever your central bank interest are, the cost you will spend will be the same till the end of the credit

  • @BLEE5086
    @BLEE5086 2 года назад

    So if there are many rental properties that’s on loan and interest goes up…they will increase the rents..

  • @edwardlumsianming3430
    @edwardlumsianming3430 2 года назад +2

    no worries the FED will decide for us becuase they are the leaders and we just follow

    • @prancer4743
      @prancer4743 2 года назад

      Ya and the FED really no what there doing 😮😮the biggest recession coming next year 😳😳😳🧐🧐🧐😉😉😉😉

  • @harrylee5254
    @harrylee5254 2 года назад

    Stop issuing WP, EP, & SP you will see properties prices dive by 50% more..

    • @holypunk12
      @holypunk12 2 года назад

      Then who do the you ? Multiplied into 10 with as many different skills, working during different time zones ?!

  • @blissful3049
    @blissful3049 2 года назад +3

    Is it still good to invest? In this type of investment?

    • @MoneywithEumi
      @MoneywithEumi 2 года назад

      Nope. I made a video about why it's a terrible investment. Feel free to watch it.

  • @koruspring1519
    @koruspring1519 2 года назад

    How is higher property and rent price "healthy"? Do you want people to live on street?

  • @cybergod77
    @cybergod77 2 года назад

    the tenor of fixed rate loans r far too short

  • @haominliu
    @haominliu 2 года назад

    one should hoard sand and sell to government latter to cover stains from jumpers.

  • @Fieryfist88
    @Fieryfist88 2 года назад +1

    Property bubble soon

  • @rickguo4594
    @rickguo4594 2 года назад

    its yr own choice to be slaves to money forever...dont blame govt, economy etc...who control the fiat useless paper? US fed...they are the real master....who is the slaves supervisor? the govt amd the bank. you volunteered to be their slaves and gave them the right to be yr master. dont complain...just pay up and do what they say.