Is Variable Rate Mortgage The Right Mortgage Type For You? (Real Estate - Other Real Estate Ads)

Item ID 4026018 in Category: Real Estate - Other Real Estate Ads

Is Variable Rate Mortgage The Right Mortgage Type For You?


Though the rate cuts are coming along in the favor of mortgage holders, still variable rate isn’t for everyone. For most first homebuyers, the preference is set it and forget it, which is possible with fixed rate mortgages. Also, fixed rates allows homebuyers to set a budget and payment strategy over the amortization period.
A low short-term fixed rate could help close the uncertainty gap. If variable rates appeal to you and you have decisions to make in the near future or extra money to put down on your mortgage, variable rates can provide you with all of the flexibility you require.
However, open variable rates tend to be higher than standard rates because of the increased chance of mortgage adjustments. If you are looking for a reliable mortgage broker in Surrey who can help you make the right mortgage rate type choice, rely on none other than Satbir Bhullar Mortgages. With years of mortgage experience, we can not only help you make the right choice but also help secure a competitive rate deal that meets your budget and expectations. For more details, give us a call today.

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Target Prov.: British Columbia
Target City : Surrey
Last Update : Jan 28, 2025 12:15 AM
Number of Views: 32
Item  Owner  : Satbir Bhullar Mortgages
Contact Email:
Contact Phone: 604-751-1447

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