Should You Fix Your Interest Rate In 2023? - 1 Percenters

<p>Welcome to episode 89 of The Numbers Game. On today's show we're taking a deep dive into the financial fork in the road that homeowners are facing in 2023. We're breaking down the big decision between fixed and variable home loans, and we're laying out the pros and cons of both. </p><p>1 Percenters:</p><ul><li>Pros and cons of fixing vs variable home loan rates</li><li>Understanding fixed rate home loans and practical tips for homeowners</li><li>Benefits of both fixed and variable rate mortgages</li><li>Impact of interest rate increases on property value</li><li>Debt consolidation case study of a couple facing financial difficulty</li><li>Power of compounding and reducing loan term to save on interest</li><li>Debt management strategies, including utilising cash flow to pay down debt.</li></ul><p>Check out the free resources from Inovayt <a href="https://www.inovayt.com.au/resources/">here.</a></p><p>Send us an email: <a href="mailto:hello@thenumbersgamepodcast.com.au">hello@thenumbersgamepodcast.com.au</a></p><p>The Numbers Game is brought to you by <a href="https://futureadvisory.com.au/">Future Advisory</a> & <a href="https://www.inovayt.com.au/">Inovayt</a>.</p><p>Hosts:<br /><a href="https://www.linkedin.com/in/nickreilly/">Nick Reilly</a><br /><a href="https://www.linkedin.com/in/jasonrobinsoncpa1/">Jason Robinson</a><br /><a href="https://www.linkedin.com/in/martyvids/">Martin Vidakovic</a></p><p>This podcast is produced by <a href="https://vidpod.com.au/">VIDPOD.</a></p>