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

Build Wealth Canada Podcast

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Can the Bank of Canada Cut Interest Trades Help Stimulate the Economy?

Bank of canada raised key interest rate from point two five % to point five % there. Most people's mortgage payments will be going up, but not as much as you think. Some studies show that people with variable rate mortgages come out ahead most of the time. But in order really benefit from variable rate mortgages, you have to be willing to stick with the variable rate.

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