Mortgages Made Simple with Rick Gundzik

Thursday, February 5, 2009
Interest Rates, HELOCs, and Leverage - February 5, 2009
This week we answer 6 more questions from loyal listeners. Mortgages Made Simple logo

1. What influences interest rates?
2. How can one lower their debt service?
3. Whatʼs the difference between fed funds rate and the prime rate? How does it affect the lender and the borrower?
4. How should one use there HELOC, there home equity line of credit?
5. Could you explain how leverage works and how it magnifies through the purchase of real estate?
6. Whatʼs the difference between commercial and residential financing?




If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.

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