Fixed vs Floating Mortgage Interest Rate – Easy Peasy Finance for Kids and Beginners – Podcast

Fixed vs Floating Mortgage Interest Rate – Easy Peasy Finance for Kids and Beginners – Podcast

 
 
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Everything you need to know about Fixed and Floating (or adjustable – ARM) interest rate for mortgage: what is a fixed interest rate, what is a floating or adjustable interest rate, what happens if the interest rate changes, is there a maximum rate for floating or adjustable interest rate, what are the advantages of a floating or adjustable interest rate, who decides if the rate should change or go up or down for a floating interest rate, who decides the kind of interest rate for a mortgage, and more.

Show notes and transcript at: Comparison: Mortgage Interest Rate – Fixed vs Floating / Adjustable (ARM)

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