My friend Nathan is a tax accountant and he is great at looking at things objectively. Last week over lunch he was grilling me and playing his best “devil’s advocate” role over the logic of locking into a ten year mortgage today. I am very grateful to have people in my life who challenge me and my thinking.
Through the conversation that ensued and the back and forth point/counter point I decided to shoot the video below for you to capture the compelling argument we created that in fact now more then ever is the best time to lock in to a 10 year mortgage.
I sincerely hope that this video gets into the hands of many, many mortgage borrowers. I think there may be a small window that of course can close at anytime when rates start rising. Will you consider sharing this? What a gift you may give to your friends and family who have mortgages that are not being proactively managed.