In this episode, the host delves into the concept of blended rate mortgages, also known as blend to extend mortgages, which is a financial tool that combines existing mortgages with newer ones at lower interest rates. The host discusses the potential pitfalls and risks associated with this approach, cautioning listeners against falling for what may seem like a beneficial option but could ultimately jeopardize their financial stability and home ownership.
In this episode you’ll get:
. Explanation of Blended Mortgages
. Risks and Pitfalls
. Alternative Solutions
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