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21: Adjustable vs Variable Rate Mortgage - Explained
The Invested Entrepreneur | Financial Freedom For Business Owners In Canada
7 minutes 1 second
1 year ago
21: Adjustable vs Variable Rate Mortgage - Explained
We've moved! Head over to Canadian Mortgage Guide Here → https://wavve.link/canadianmortgageguide
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WATCH
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EPISODE DESCRIPTION
In this episode, Tom & Brandon explain the differences between two types of variable rate mortgages, adjustable and static, and what you need to consider when choosing them.
What was discussed:→ What adjustable rate mortgages are.→ What static (variable) rate mortgages are.→ And what a "trigger rate" is and what it means if you hit it.
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The Invested Entrepreneur | Financial Freedom For Business Owners In Canada