by Victor Lagos | May 16, 2023 | Blog
Discover the advantages and disadvantages of fixed and variable interest rates when taking out a mortgage. Make an informed decision that suits your financial goals and risk tolerance. Learn about the certainty and protection from rate hikes provided by fixed rates, but also the higher rates and limited flexibility they entail. Explore the lower rates and greater flexibility of variable rates, along with the uncertainty and risk of rate hikes.
by Victor Lagos | May 16, 2023 | Blog
Discover the crucial aspects of property investment! As a passionate mortgage broker, I educate clients on cash flow and capital growth. Learn why knowledge is power in maximising your money. Balance is key, weighing stability versus potential returns. Trust me to guide you through risks and rewards. Empower yourself with understanding and achieve long-term wealth through property investment.
by Victor Lagos | May 16, 2023 | Blog
Are you struggling with debt? Discover the power of the domino effect for paying off loans efficiently. By focusing on your smallest debts first, you can gain momentum and see quick progress. Learn how to use this simple strategy to reduce debt, improve your financial health, and boost your credit score. Stay committed and disciplined, and watch your debts go down each month.
by Victor Lagos | May 16, 2023 | Blog
Personal debt, often associated with everyday expenses, is seen as ‘bad’ debt due to its lack of long-term value. Investment debt, on the other hand, funds investments with income or growth potential, making it ‘good’ debt. Both types carry risks, necessitating careful planning and professional guidance.
by Victor Lagos | Apr 4, 2023 | Blog
When borrowing money, choosing between fixed and variable interest rates is crucial. This article explains the differences and pros/cons of each option. Fixed rates offer stability and protection against rate increases, allowing accurate budgeting. However, they tend to be higher and lack flexibility, with potential break fees. Variable rates fluctuate based on market conditions, potentially lowering interest payments and offering flexibility, but uncertainty and the risk of rate increases exist.
by Victor Lagos | Apr 4, 2023 | Blog
Learn the basics of borrowing money responsibly and making informed financial decisions. Explore the types of debt, interest rates, repayment terms, credit scores, and debt consolidation options. Understand the nuances of borrowing to maintain financial well-being and achieve your goals. Get the right information to navigate the world of debt effectively.
