Is Variable Rate Mortgage The Right Mortgage Type For You? | |
Though the rate cuts are coming along in the favor of mortgage holders, still variable rate isn’t for everyone. For most first homebuyers, the preference is set it and forget it, which is possible with fixed rate mortgages. Also, fixed rates allows homebuyers to set a budget and payment strategy over the amortization period. A low short-term fixed rate could help close the uncertainty gap. If variable rates appeal to you and you have decisions to make in the near future or extra money to put down on your mortgage, variable rates can provide you with all of the flexibility you require. | |
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| Target State: All States Target City : Surrey Last Update : Jan 28, 2025 12:12 AM Number of Views: 56 | Item Owner : Satbir Bhullar Mortgages Contact Email: (None) Contact Phone: (None) |
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