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What To Do When Rates Drop - Episode 589

The Prosperity Podcast

Release Date: 10/15/2024

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More Episodes

Tune in to the Prosperity Podcast as Kim offers her no-nonsense insights on current mortgage rates and refinancing. With a straightforward perspective, she shares the importance of locking in a fixed rate and compares it to life insurance’s long-term benefits. Get financial wisdom for today and future clarity!

Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity.

Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today!

Do you have a question you would like answered on the show? Please send it to us at hello@prosperitythinkers.com and we may answer it in an upcoming episode.

 

Links and Resources from this Episode

 

Show Notes

  • Historical perspective on mortgage rates.
  • The value of a 30-year fixed mortgage.
  • Comparing mortgage rates to past decades.
  • Locking in mortgage rates below 8%.
  • Life insurance and long-term financial planning.
  • Understanding the impact of present value math.
  • The desire for wealth and financial freedom.
  • Personal experience with wealth in early career.
  • Advice for young investors: don’t fear high values.
  • Importance of preserving principal.

Special Listener Gift
Free eBook: Activating Your Prosperity Guide.

Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! 

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