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18 min
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Smart Loan Strategies in a High Interest Rate Market Fit Over 40 with Coach Clarence
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- Health & Fitness
In this episode of Coach's Corner, Coach Clarence discusses three types of loans to consider in a high-interest rate market. He explains the differences between fixed-rate and adjustable-rate mortgages (ARMs), highlighting the pros and cons of each. While fixed-rate mortgages offer a stable interest rate for the loan's duration, ARMs can adjust based on the market with a cap limit. Coach Clarence emphasizes the importance of understanding these loan options to make informed decisions in a cha...
In this episode of Coach's Corner, Coach Clarence discusses three types of loans to consider in a high-interest rate market. He explains the differences between fixed-rate and adjustable-rate mortgages (ARMs), highlighting the pros and cons of each. While fixed-rate mortgages offer a stable interest rate for the loan's duration, ARMs can adjust based on the market with a cap limit. Coach Clarence emphasizes the importance of understanding these loan options to make informed decisions in a cha...
18 min