Variable Rates

VARIABLE RATES

ADVANTAGES

• Over history, variable rates have proven to be less expensive

• Penalties: Generally 3 month-penalties

• Convertibility

DISADVANTAGES

• Must pay attention to variable rates

• Rates can sneak up and then your mortgage payment can be higher than you had expected

Robert Floris is a Mortgage Broker. His office is located at 651 Fennell Avenue East in Hamilton, Ontario. If you would like to speak with Robert, he can be reached at 905-574-9200 #215. Alternatively, you can contact Robert here.

If you would like to apply for a mortgage online, please follow this link.

If you would like to see our Google reviews or leave one yourself, you can do so here.