Why Variable Rate Mortgages are a Smart Choice Now











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As we enter a period of potentially lower interest rates from the Bank of Canada, variable-rate mortgages are becoming increasingly attractive. At Cannect, we advocate for variable-rate mortgages because of their flexibility and the potential benefits during rate drops, such as lower payments and more principal repayment. • In this video, we explain why a variable rate mortgage might be the right choice for you now, especially considering the economic challenges and tightening underwriting guidelines. We also discuss the importance of using a mortgage broker to navigate these complexities and find the best solutions tailored to your unique financial situation. • Don't settle for a no from your bank – explore all your options with Cannect and discover the advantages of having an advocate on your side. • ► Subscribe for new videos every week -    / @cannect   and hit the notification bell to stay updated on our weekly insights into financial markets, mortgages, and economic trends. • 👍 Enjoyed the video? Hit the like button and comment with your thoughts and questions! Your feedback helps us tailor our content to your interests. • Thank you for watching! Don't forget to subscribe for more in-depth discussions on finance, mortgages, and economic insights. Remember, at Make Money Count, we break down complex financial topics to help you make informed decisions. • 📊 Connect with us: • TikTok:   / cannect.ca   • Facebook:   / cannecthomefinancing   • Twitter:   / cannectloans   • Instagram:   / cannect.ca   • LinkedIn:   / cannect-home-financing   • Enjoy the Most Recent Videos of Cannect • Can Rate Cuts Fix Toronto's Housing Affordability?    • Can Rate Cuts Fix Toronto's Housing A...   • Bank of Canada Interest Rate Cuts:    • Bank of Canada Interest Rate Cuts | F...   • Blood Bath in the Canadian Condo Market?    • Blood Bath in the Canadian Condo Market?   • Jeff Bezos Investing in Mortgages?    • Jeff Bezos Investing in Mortgages?   • Should you say yes to B deals | How Canadian Banks Rob Us Using Collateralized Mortgage Charges -    • Should you say yes to  B  deals | How...   • Why Canadians Should Choose Variable Rate Mortgages Now?    • Why Canadians Should Choose Variable ...  

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