Secrets of Variable Mortgage Interest Rates your bank never told you #MortgageSecrets
Channel: Tim Hill, MBA
Date: 06/04/2023

So, you think you know what a Variable rate is ... there's a lot more to a Variable Mortgage Interest Rate than you probably think! Check this out for Variable Interest Rate Mortgage secrets! #MortgageRates #mortgagebroker 

0:00 Start
0:18 Fixed vs Variable
0:50 Variable Rate mortgage characteristics
1:35 Secret #1 ARM vs VRM
3:02 Secret #1/2 Semi-Annual Compounding
3:57 Secret # 2 Monthly Compounding
4:40 Example ARM vs VRM Compounding
5:45 Wrap Up