Interest Rates for Mortgages Are Changing

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Interest Rates for Mortgages Are Changing

Рет қаралды 29,646

Samuel Leeds

Күн бұрын

Пікірлер: 63

@LucasBenjamin-hv7sk Ай бұрын

Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market.

@CharlesArthur-fq5sx Ай бұрын

The stock market is no different, to maintain profit, you need to have some in-depth knowledge on the market.

@Franklin-gq4si Ай бұрын

True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

@williamDonaldson432 Ай бұрын

In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

@foreverlaura-fq4eu Ай бұрын

@@williamDonaldson432 my partner’s been considering going the same route, could you share more info please on the advisor that guides you.

@williamDonaldson432 Ай бұрын

I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

@GibsonJames-gr3on Ай бұрын

I have been thinking about fixed- rate mortgages and the stability they provide on monthly payments

@JasonAmir-qo4uo Ай бұрын

That's a good way to save thousands in the long run. But you will miss out on potential savings if interest dropped

@TheDuke792 Ай бұрын

Depends on how long you plan on staying in the house, if it's long term a fixed mortgage is a good bet

@TheDuke792 Ай бұрын

But don't forget about the higher upfront costs associated with fixed rate mortgages

@John-ww2fv Ай бұрын

I plan on hiring a financial advisor to assess my overall financial situation to find the perfect mortgage fit for me

@OwenFlex Ай бұрын

I have thought about that too, I just haven't had the chance to find one

@tamakalokalo95 Ай бұрын

Amazing video indeed!! Property language is a different ball game!!

@user-lp5vk8sn3k Ай бұрын

Big House prices in good areas are near 1 million or more in most cities nowadays bloody ridiculous

@davidhartmann2717 Ай бұрын

Great vid!

@stephen6262 Ай бұрын

Sam great interview More please

@outere2044 Ай бұрын

Great video , i am currently doing a refinance from a bridge to buy to let . My rent was £1200 the valuer has put it at £995. Leaves me enough anyway to refurb my next project whats a flip and build my capital back abit. I will come back to that previous one after the 5 year fix. Liam

@Paulsmithwarriorproperites Ай бұрын

Fantastic interview packed full of extremely useful information, thank you Samuel it's much appreciated 😊

@kylejames5121 Ай бұрын

Great content Samuel 👊🏼

@Mind__Fuel91 Ай бұрын

So, what's the interest only rate we should be using when doing our DD for BRRs?

@Mind__Fuel91 Ай бұрын

I know all lenders will be different but what's like a rule of thumb?

@CARguy2003 Ай бұрын

12ex-p+12

@harvey9276 Ай бұрын

@@CARguy2003what does that mean?

@Mind__Fuel91 Ай бұрын

@@harvey9276 I was thinking the same thing... 🤷‍♂️

@DeanW-1990 Ай бұрын

This was amazing well done Sam ! Watched it twice all the way through already 👏

@SamuelLeeds Ай бұрын

Glad you enjoyed it!

@ratsliveonnoevilstar1 Ай бұрын

Just migrate the direct debits yourself

@fishoverdrivedfirst Ай бұрын

Another very useful video, keep it coming Mr Leeds 👍🏾

@svetlanacarter1303 Ай бұрын

PLEASE TALK ABOUT TRUSTS, and how to avoid inheritance tax legally through trust, thank you

@paulntalo1425 Ай бұрын

Wow that's amazing news 🗞️ and Insights. Thank you S Leeds

@ExoticDoll-ct3ud Ай бұрын

"Hybrid" i like that term. Hybrid finances/ mortgages are the future.

@namataishingaiagyekum7502 Ай бұрын

These lenders are very narrow-minded 😢

@nabazhamad5988 Ай бұрын

❤

@davidcobb77 Ай бұрын

Private landlords need to run for the hills under Labour. And good riddance.

@ratsliveonnoevilstar1 Ай бұрын

New Labour ain’t Jezza Corbyn.

@BobBuilder-mq9wr Ай бұрын

Well it should be capped how many a person can have , as we have a major housing crisis and that should be taken seriously for once

@zak5498 Ай бұрын

@@BobBuilder-mq9wrcapitalism vs communism

@mymanifesting 23 күн бұрын

I can see why you'd think that. However, as we have a housing crisis, they simply can't afford to let too many landlords vacating the market. 1.5m house vuilding ambition is already behind and simply won't stack up by the time Labour has finished its term.

@adida.sativa-dv2el Ай бұрын

Inflation will continue so house prices will rise but interest rates will not drop

@Sil-sk2sf Ай бұрын

Agreed. This is the mentality of people who have never experienced inflation or an economic crisis. They can not even fathom that it will ever happen. With labour in power and all of Europe going lefty, I doubt interest rates will drop.

@user-oe8mn9eb5d Ай бұрын

You think interest rates are driving up house prices?

@BobBuilder-mq9wr Ай бұрын

@@user-oe8mn9eb5d1.3million people a year are driving up house prices

@leemarsden1846 Ай бұрын

Wrong

@user-lp5vk8sn3k Ай бұрын

Interest rates will not drop, 6-7% rate is normal, rates have been very low it’s not normal

@user-pp5lv6dl2k Ай бұрын

They will because people can’t afford it because house prices are too high

@user-dm7nq7md4b Ай бұрын

This broker talks in riddles.

@tomchloe3208 Ай бұрын

2:47 how the hell do you expect the lender to know what the rental income would look like at homes on a given street? What a stupid question. Why do you think they instruct qualified surveyors…this old chap isn’t providing any new or interesting information here

@ratsliveonnoevilstar1 Ай бұрын

He’s spinning a good yarn for the channel though ennit

@Markscott412 Ай бұрын

@Williamjame444 Ай бұрын

The stock market is no different, to maintain profit, you need to have some in-depth knowledge on the market.

@vivianlucy141 Ай бұрын

@jackwillison177 Ай бұрын

@MizThe Ай бұрын

my partner’s been considering going the same route, could you share more info please on the advisor that guides you.

@jackwillison177 Ай бұрын

Melissa Elise Robinson is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.