Fixed Rate vs. Inflation

Fixed Rate vs. Inflation

  • Spencer Hsu
  • 01/10/23

 

While the real value of your ๐Ÿ  decreases when inflation ๐Ÿ“ˆ rises, so does the real value of the money you owe on your mortgage๐Ÿ’ฐ!

For those who own rental properties ๐Ÿ , this can be a beneficial situation: You can increase rent ๐Ÿ’ธ to keep pace with inflation ๐Ÿ“Š and your rising maintenance costs ๐Ÿ’ฐ as your mortgage payment remains steady ๐Ÿ’ต, bringing you more income ๐Ÿ’ฐ.

๐Ÿ‘‰ Follow me for more helpful tips and tricks when it comes to finance and real estate.

#realestate #inflation #mortgage #rentalproperties #finance

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