The Invested Entrepreneur | Financial Freedom For Business Owners In Canada

21: Adjustable vs Variable Rate Mortgage - Explained


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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 CanadaBy Tom Moffat & Brandon Love