Video description from @notgpodcast
Join us in this episode of "NOTG (Nuggets On The Go)" by PropertyLimBrothers as we dive deep into how interest rates influence the mortgage payment structure, affecting both home buyers and real estate investors. We’ll explain the difference between principal and interest components of a mortgage and how each reacts to changing interest rates. Learn why higher rates may deter potential buyers due to increased monthly repayments, and why investors prefer lower rates to reduce funding costs. We’ll also discuss strategies for managing these costs in both high and low-rate environments and how to make informed decisions based on your financial capacity and investment goals.
