The Mortgage Advice That Fails in NZ: With Aaron Cattell (The Mortgage Man)

Time to fact-check the mortgage advice taking over social media, and see what actually holds up.Mortgage adviser Aaron Cattell (aka The Mortgage Man) is ready to go myth-by-myth through the mortgage advice doing the rounds online, and find out what actually survives contact with someone who does this for a living.We cover:The "pay a dollar a day" trick, the viral claim that resets your mortgage interest.Weekly vs fortnightly vs monthly repayments; does paying more often actually shave years off your mortgage in New Zealand, or is that a US myth that doesn't translate?The "buy two houses, one each" couple strategyCredit scores, and how much they really matter for a NZ mortgage applicationRent vs buy, and how to figure out the numbers for the NZ contextThis episode of Making Cents is proudly supported by Odoo. Go to http://odoo.com/r/hpl now and try it for free, for 15 days.Follow me everywhere!Facebook / https://www.facebook.com/FrancesCookNZInstagram / https://www.instagram.com/francescooknzTikTok / https://www.tiktok.com/@francescooknzJoin the Money Memo newsletter for a free weekly money tip in your inbox each week https://www.francescook.co.nz/subscribeBecome a confident sharemarket investor by signing up to the Market Memo newsletter https://www.francescook.co.nz/invest#MakingCents #FrancesCook #MakingCentsPodcast #InvestingPodcast #MoneyPodcast #FinancialFreedomProduction and video editing by Lana ByrneAudio engineering by Tash ChittockFilmed by Fanaticals

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The Mortgage Advice That Fails in NZ: With Aaron Cattell (The Mortgage Man)

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