“They weren't expecting rates to go from two to six, and then stay there for five years... we're really helping them just restructure.”

Chris Bates · Australian Retirement Podcast · Will property prices recover in 2027? Chris Bates on the next move

Play from 10:48
10:48

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What was described

help clients restructure mortgages after rates jumped from 2% to 6% and stayed high for years

rates from 2% to 6%

Said nearby on the same subject

“Mortgage rates are at 7.6. As of this recording, they were 6.3 a year ago”
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Dave Meyer
BiggerPockets Real Estate Podcast ·
Hard number 7.6% (as of recording) Share this moment
“If you do it the way I and most of my clients do, you buy it with cash, you take the mortgage after, and as long as you income trace it to other investments, you can deduct all of it.”
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Adam Katz
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Growth tactic $2 million mortgage at 5% (~$100,000 interest) Share this moment
“Parents helping their kids with their mortgages post-purchase, not just help buy, but also help service your mortgage.”
♫
Said on Australian Retirement Podcast
Data play Share this moment
“Many of us now are able to use some level of AI to record the meeting… it helps you as the advisor stay intentional and present with the client.”
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Julie Johnson
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