🎢 VARIABLE RATES 🎢
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📈📉 Variable mortgage rates change with the Bank of 🇨🇦 (BoC) key interest rate - it can feel like a rollercoaster ride! For example, when the BoC decides to increase its 🔑 rate by 0.25%, the banks’ Prime rate goes ⬆️ 0.25%. On the date of this post, the BoC key rate is 1.75% while the Prime rate in most banks is 3️⃣.9️⃣5️⃣%.
🔢💲Variable mortgage rates are calculated by subtracting a “discount” from the prime rate (e.g. Prime minus 1.0% or P-1.0% = 2.95%) and will change (vary) as the Prime rate changes, but the “discount” remains the same throughout the mortgage term selected.
👨💼✍️ Broker tip: It’s difficult to predict whether variable rates will go 🆙, stay the same or go ⬇️ over 2-3 years (unless you have a 🔮), so if you’re on a budget or cannot tolerate risk (e.g. you have a young children and unpredictable expenses), you should consider a fixed rate. If you’re a single professional with disposable income and tolerant to risk (or if the mortgage is for an investment property 🏢), take a variable rate.
🗣 If you have any❓or thoughts about variable rate mortgages, comment below👇
Arthur Schnitzler’in yazdığı ‘LA RONDE’ Jason Hale yönetiminde 6, 7, 13, 20, 27 Aralık tarihlerinde 20:00’de Bilkent Tiyatro Salonu’nda.
Biletler; bilet.bilkent.edu.tr adresinde.
Oyuna gelen Bilkent öğrencileri GE 250-251 dersinden 20 puan alacaktır.
S/O to Migz for taking me to places I’m not allowed to wear toques, letting me eat 85% of the dessert, and still loving me the entire time I spill stuff on the table cloth. Such a beautiful revolving restaurant above the city. So in love with my life and this man. #laronde#somuchlove
Plein de plaisir et de beaux moments avec vous! Un réel honneur d'avoir eu la chance de partager autant d'intensité et de fou rire ensemble grâce @bootcampv 🙌
Des vrais athlètes dans le corps et dans l'âme. En hommage à votre départ l'une de vos meilleures performances de la saison 👍
Crédit photo : @marcandre_lapierre_photographe
13952:01 AM Nov 30, 2018
Lowkey clenching my fist because she beat me in a game to win that stuffed piggy😂
317181:36 AM Nov 30, 2018
For complicated reasons I have a single disc of the muppet show and it doesn’t have a case so I use it as a placeholder for whatever’s in the player. Sometimes I forget that I do this. Let me tell you how wholesome it is when I open up whatever arty bullshit I watched the other night and I find this face returning my gaze and piercing my soul and curing all of life’s maladies. I’m always like “thanks, my friend” and then it’s on to the next shell like a fucking hermit crab. But wherever he goes, Kermie is stoked. He agreed to do this photo shoot. I should seek help.