21: Adjustable vs Variable Rate Mortgage - Explained
Update: 2024-02-12
Description
We've moved! Head over to Canadian Mortgage Guide Here → https://wavve.link/canadianmortgageguide
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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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