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18. Should You Pay Off Your Mortgage? episode artwork

EPISODE · Oct 24, 2024 · 19 MIN

18. Should You Pay Off Your Mortgage?

from The Soup of Wall Street · host Soup Martinez

Think a 0.5% interest rate cut will save you on your mortgage? Think again. In this episode, we break down why these cuts mostly help banks, not you, and why long-term mortgage rates couldn’t care less. We also dive into the government’s headache with rising rates—spoiler: borrowing just got a lot more expensive. If you're wondering how all this affects your wallet and Uncle Sam’s budget, stay tuned!Got questions or think we missed a spot? Drop us an email at [email protected] and get in on the conversation!

What this episode covers

Think a 0.5% interest rate cut will save you on your mortgage? Think again. In this episode, we break down why these cuts mostly help banks, not you, and why long-term mortgage rates couldn’t care less. We also dive into the government’s headache with rising rates—spoiler: borrowing just got a lot more expensive. If you're wondering how all this affects your wallet and Uncle Sam’s budget, stay tuned! Got questions or think we missed a spot? Drop us an email at [email protected] and ge...

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18. Should You Pay Off Your Mortgage?

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Frequently Asked Questions

How long is this episode of The Soup of Wall Street?

This episode is 19 minutes long.

When was this The Soup of Wall Street episode published?

This episode was published on October 24, 2024.

What is this episode about?

Think a 0.5% interest rate cut will save you on your mortgage? Think again. In this episode, we break down why these cuts mostly help banks, not you, and why long-term mortgage rates couldn’t care less. We also dive into the government’s headache...

Can I download this The Soup of Wall Street episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
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