_ep-117-ird-mortgage-penalties-explained.jpg "Ep. 117 - IRD Mortgage Penalties Explained from xx cash Video Screenshot Preview")
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⏲ Duration: 13 min 50 sec
✓ Published: 28-Oct-2020
✓ Published: 28-Oct-2020
Description:
Ep. 117 - How can 1.xx% Fixed Be A Bad Idea?nnInterest Rate Differential penalty calculations; that’s how. nnTaking a 5yr fixed even at 1.xx% can still trigger a massive penalty. Easily 4.5% of the outstanding mortgage balance. nnAbout 900% higher than a Variable rate penalty.nnAnd more CDN’s will trigger a penalty than won’t. Whether it’s hidden in a blend and extend or dazzle-dazzled behind a ‘cash back’ offer. It’s there. nnExcept in nearly every single variable rate product; wh
Ep. 117 - How can 1.xx% Fixed Be A Bad Idea?nnInterest Rate Differential penalty calculations; that’s how. nnTaking a 5yr fixed even at 1.xx% can still trigger a massive penalty. Easily 4.5% of the outstanding mortgage balance. nnAbout 900% higher than a Variable rate penalty.nnAnd more CDN’s will trigger a penalty than won’t. Whether it’s hidden in a blend and extend or dazzle-dazzled behind a ‘cash back’ offer. It’s there. nnExcept in nearly every single variable rate product; wh
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