When it Comes to Your Mortgage, Every Day Is Opposite Day


When it Comes to Your Mortgage, Every Day Is Opposite Day
Today they're telling people to choose variable rate mortgages because the rates are so low (most banks will give you a variable rate below prime) over a fixed rate mortgage. Why do you think this is? Here's a hint — it's not because it's in your best …
Read more on Huffington Post Canada

What does Mark Carney's interest rate announcement mean for me?
However, only those on tracker rate mortgages, where the rate they pay is linked to the base rate, and on standard variable rates (SVRs) explicitly linked to the base rate can relax. Most lenders reserve the right to change their SVR when they want …
Read more on The Guardian

See how to create a Amortization Schedule / Table with a variable interest rate. See the PMT function, finance tricks and a cell range in a function that wil…
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