3 Things You Can Do To Protect Your Variable Rate Mortgage From Increasing Interest Rates
Channel: Arise Mortgage - John Lee Mortgage Broker
Date: 2022-09-15

Nowadays, interest rates are just increasing all the time! Many of our clients with a variable rate mortgage have been concerned about the rising rates. 

Here are 3 ways you can protect yourself from the increasing interest rates.

0:00 Introduction
1:08 Covert variable into a fixed rate mortgage
2:08 Leave the mortgage variable, but increase the monthly payment instead
3:18 Refinance your mortgage
4:06 Choosing a lender that doesn't increase the payment right away when rates go up
4:31 Conclusion

#interestrates #variablerate #variableratemortage #fixedrate #mortgageapproval #vancouver #vancouvermortgagebroker 

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John Lee, a Mortgage Broker based in Canada, shares ways to be approved for a mortgage, home buying tips, and other mortgage-related stuff. If you're considering purchasing a home or refinancing your existing property, make sure to subscribe for helpful content-rich videos.

He is a licensed Mortgage Broker, author of The Ultimate Mortgage Guide, and the President and CEO of Arise Mortgage. He's been in the financial and real estate industry since 2006. Before becoming a Mortgage broker, he worked at various big banks and a real estate company that involves property management and large real estate acquisitions. He has helped hundreds of families with a mortgage and one of the most fulfilling parts of my job is working with first time home buyers and securing their dream home.

If you have any questions or would like to connect with me, below is John's contact info:

604-722-8404
john@arisemortgage.ca

Thanks for watching!


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