In this video, an excerpt from a longer video, Ken discusses his thoughts on interest rates for 2018. If you like this video, get hundreds more just like it here: https://kenmcelroy.com/membership

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Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant. Ken is a Rich Dad Advisor.

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https://www.KenMcElroy.com is a resource for Entrepreneurs and Real Estate Investors.

For more resources on fixed rate mortgages – check these out:
ARM vs. Fixed-Rate Mortgage – Mortgage Basics – Bankrate.com
https://www.bankrate.com/finance/mortgages/arm-vs-fixed-rate-mortgage-1.aspx
Adjustable-rate mortgages. Feature lower rates and payments early on in the loan term. Because lenders can use the lower payment when qualifying borrowers, people can buy larger homes than they otherwise could buy. Allow borrowers to take advantage of falling rates without refinancing.
What is the difference between a fixed-rate and adjustable-rate …
https://www.consumerfinance.gov/…/what-is-the-difference-between-a-fixed-rate-and-
Sep 25, 2017 – Many ARMs will start at a lower interest rate than fixed rate mortgages. This initial rate may stay the same for months, one year, or a few years. When this introductory period is over, your interest rate will change and the amount of your payment is likely to go up.
Fixed Rate Mortgage Pros and Cons | FREEandCLEAR
https://www.freeandclear.com/resources/mortgage…/fixed-rate-mortgage-pros-cons
For most borrowers, the lower the interest rate, the larger the mortgage you can afford. Additionally, with a fixed rate mortgage borrowers benefit from the lower mortgage rate over the life of their loan without worrying about an increase in interest rates in the future.
Comparing Adjustable Rate and Fixed Rate Mortgages – NerdWallet
https://www.nerdwallet.com/blog/mortgages/benefits-arm-fixed-mortgage-product/
Feb 2, 2016 – An adjustable-rate mortgage might be better than a fixed-rate mortgage if you have plans to move soon or want a lower payment to start. We help you understand the differences and choose the right loan type for you.

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Ken McElroy : Why Choose a Fixed Rate Mortgage in 2018 – Ken McElroy – Rich Dad Advisor

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1 COMMENT

  1. I found out about you a few weeks ago and I'm learning. I read Rich Dad Poor Dad, The Richest Man in Babylon and just picked up The ABC's of Property Management. I'm also following you on social media. You're my Algamish. I'm determined to manifest my goal and your willingness to share your wisdom is a light to my path. Thank you!!!

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