Fixed vs Floating Mortgage Interest Rate – Easy Peasy Finance for Kids and Beginners – Podcast

Everything you need to know about Fixed and Floating (or adjustable - ARM) interest rate for mortgage: what is a fixed interest rate, what is a floating or adjustable interest rate, what happens if the interest rate changes, is there a maximum rate for floating or adjustable interest rate, what are the advantages of a floating or adjustable interest rate, who decides if the rate should change or go up or down for a floating interest rate, who decides the kind of interest rate for a mortgage, and more. Show notes and transcript at: http://easypeasyfinance.com/comparison-mortgage-interest-rate-fixed-vs-floating-adjustable-arm/

Om Podcasten

Fun, informative and concise episodes by a 10-year old, breaking down complex financial concepts in a way that kids and beginners can understand. Episodes cover personal finance topics like saving, investing, banking, credit cards, insurance, real estate, mortgage, retirement planning, 401k, stocks, bonds, income tax, and more, and are in the form of a conversation between a cowboy (a finance novice) and his friend, a stock broker. Making finance your friend, only at Easy Peasy Finance. A little bit about me: I have been fascinated with the world of personal finance since I was 6! I love to read personal finance books, and keep myself updated on the latest by reading various personal finance magazines. My friends often ask me questions about finance because they find it complex and intimidating. That’s what inspired me to start my YouTube channel called Easy Peasy Finance when I was 8, and this podcast 2 years later.