How Do Variable Rate Mortgages Work? - Variable Rate Mortgages Explained (Adjustable Rate Mortgage)

Still trying to decide between Variable or Fixed? Maybe you're leaning towards an Variable but you're not sure how it works?
In this video, I'll be breaking down exactly how Variable Rate Mortgages work, and how your monthly payment changes when the prime rate fluctuates.

Please note, in this video I am speaking specifically to Adjustable Rate Mortgages and not TRUE Variable Rate Mortgages.

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Did you miss our previous article...
https://realestatevideos.club/Mortgages/mortgage-rates-to-drop-below-4-within-weeks