Build Wealth Canada Podcast cover image

Rising Interest Rates, Variable vs Fixed Mortgages, and How to Take Equity Out of Your Home

Build Wealth Canada Podcast

00:00

Can Variable Rates Make Sense for You?

Since the last time we spoke cornel, fixed rates have come up quite a bit since then. Fixed rate is about double the variable rate right now. Rates depend on several factors, like whether you're putting more or less than 20 % down,. If you're going with a 30 or amartization and size of your down payment. There's a bunch of factors at play. But essentially, the the variable rates at about one one and a half, approximately - 3%.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app