Fixed or Variable Rate Mortgages - How do you choose? Combatting Rising Interest Rates in Canada

The question today is: Are you worried about the rising lending rates?

Many young homeowners renewing mortgages today may never have seen rates above 5%. So what can you do when you are choosing a mortgage? Listen to this weeks episode to learn about how you can decide whether a fixed or a variable rate mortgage is right for you.

Watch my last YouTube video about Collateral Charges! Collateral Charge video: https://www.youtube.com/watch?v=lJihnOEJayc

OR

You can listen to the video on my podcast, Ask the Money Lady: https://open.spotify.com/episode/1aD3GZtjtjryCOZh2ZY10P?go=1&sp_cid=e138af131a85f49c0d7dbd142c1c2f2d&utm_source=embed_player_p&utm_medium=desktop&nd=1

CHECK OUT MY BLOG for more FREE financial advice: https://askthemoneylady.ca/blog/

Read more about what I talked about in this video here:

• Real Estate Investment Trust (REIT): How They Work and How to Invest: https://www.investopedia.com/terms/r/reit.asp

• Canadian Prime Rates: https://wowa.ca/banks/prime-rates-canada

• Simple Interest Definition: Who Benefits, With Formula and Example: https://www.investopedia.com/terms/s/simple_interest.asp

Send Christine an email about anything related to your Canadian finances: info@askthemoneylady.com

WEBSITE: https://askthemoneylady.ca

INSTAGRAM: https://www.instagram.com/askthemoney...

FACEBOOK: https://www.facebook.com/retiredebtfr...

BUY THE ASK THE MONEY LADY BOOK!

How to Retire Debt Free & Wealthy by Christine Ibbotson  https://www.goodreads.com/book/show/49085958-how-to-retire-debt-free-wealthy?from_search=true&from_srp=true&qid=A1OXejEKZ4&rank=2