Four Benefits of a Larger Down Payment
Рет қаралды 3,935
Күн бұрынWith the stock market not doing well and higher interest rates, many are wondering if they should put more cash down on their mortgage. In this video, I go over benefits of both scenarios.
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Other links you might be interested in:
Seattle Real Estate Market Update February 2023 -
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Timing The Housing Market In 2023
• Timing the Housing Mar...
@Kelvinjan Жыл бұрын
It’s all about risk tolerance and what you can afford to pay (down payment and monthly mortgage). Everyone’s circumstances are different but in todays higher interest market, I agree with you on a higher down payment due to a higher cost of borrowing.
@McDonaldResidential Жыл бұрын
Good thoughts!
@comradewarners 6 ай бұрын
I’m so happy that Frodo is giving me mortgage advice! Great video!
@McDonaldResidential 6 ай бұрын
LOL, it's not the first time someone said I look like Elijah Wood
@humantwotwentyone641 8 ай бұрын
Great video with just the information ive been seeking. The fake window is too busy and distracting, though.
@McDonaldResidential 8 ай бұрын
It’s a real window lol
@TheOlegGroup Жыл бұрын
One more reason- when you sell your stocks on losses, you have more write off at end of the year. It’s better to use stock money comparable to the income money. Good episode!
@McDonaldResidential Жыл бұрын
true
@Rengoatkuv 3 ай бұрын
What are you thoughts on opting out of escrow when you give 20% down? Are there more benefits or less benefits?
@McDonaldResidential 3 ай бұрын
I'm not sure what you mean by that question
@Rengoatkuv 3 ай бұрын
@@McDonaldResidential sorry, let me rephrase that. Are there pros to not using escrow versus using an escrow account?
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