EPISODE · Mar 15, 2026 · 12 MIN
EP. 1621 - GETTING SPANKED BY HIDDEN INTEREST RISES
from The PROPERTY DOCTORS, Sydney Australia Novak Properties · host Mark Novak, Michael Burgio
🏠 Are you stuck in “mortgage prison”?That’s when you’re locked into a home loan you can’t refinance unless you sell the property.Many homeowners stay with expensive loans because they’re afraid to ask another bank or broker for a better rate.Here’s the reality:💰 Rates change📉 Your financial position may change🏦 Banks don’t always review your loan after year oneIf your mortgage rate has quietly climbed, you could be paying thousands more each year.Just like checking your weight or getting a health check, your mortgage needs a regular check too.The good news?Mortgage brokers usually check your options for free and confidentially.Don’t put your head in the sand.Know your numbers.#MortgageTips #HomeLoans #PropertyAdvice #InterestRates #MortgageBroker
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🏠 Are you stuck in “mortgage prison”? That’s when you’re locked into a home loan you can’t refinance unless you sell the property. Many homeowners stay with expensive loans because they’re afraid to ask another bank or broker for a better rate. Here’s the reality: 💰 Rates change 📉 Your financial position may change 🏦 Banks don’t always review your loan after year one If your mortgage rate has quietly climbed, you could be paying thousands more each year. Just like checking your weight or gett...
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EP. 1621 - GETTING SPANKED BY HIDDEN INTEREST RISES
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