DOG CRATE DOOMSDAY | EP. 93
Angry Mortgage
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Navigating Variable Mortgages
This chapter explores the complexities of variable mortgage rates and the various approaches taken by banks in managing these loans. It highlights the impact of recent interest rate hikes on borrowers' monthly payments and discusses the differences in policies among lenders like RBC, TD, CIBC, and BMO. The conversation further emphasizes the importance of understanding mortgage terms, navigating potential penalties, and staying proactive in financial engagement during economic shifts.
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