• Variable Rates

    April 14, 2020
  • 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.

%d bloggers like this: