Tempted By Variable Mortgage Casino?

ca.investing.com/analysis/tempted-by-variable-mortgage-casino-200580839

By Ron Butler | Oct 02, 2023 08:17

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Ron debunks the suggestion that NOW is the time to think about Variable Rate Mortgages again: it ain’t!

Inflation is too Volatile, future events uncertain (Employment) and making a BET that we know when the Bank of Canada will start cutting rates is the same as heading for a Casino and betting $25K on Red.

This video was originally posted on The Angry Mortgage Podcast YouTube channel

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Central Banks

Interest Rates

Next Meeting

BOC

5.00%

Jan 24, 2024

FED

5.50%

Dec 13, 2023

BOE

5.25%

Dec 14, 2023

ECB

4.50%

Dec 14, 2023

SNB

1.75%

Dec 14, 2023

RBA

4.35%

Jan 02, 2024

RBNZ

5.50%

Feb 28, 2024

BOJ

-0.10%

Dec 19, 2023

CBR

15.00%

Dec 15, 2023

RBI

6.50%

Feb 08, 2024

PBOC

3.45%

BCB

12.25%

Dec 13, 2023

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Tempted By Variable Mortgage Casino?

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