Jas Toor is a privately licensed Mortgage Broker in Burnaby (Canada). We can assist you in first time home buyer, Construction Mortgage and more. To get a lower rate with the same lender or a different one, depending on the situation. We aim to assist clients in getting the best bargain possible. Get construction mortgage approval in 24 hours enjoy stress-free experience.
How does Inflation Affect Your Mortgage? - toorjas
The value of your home will go down if there is inflation. If your mortgage is at a fixed rate and if inflation increases, your mortgage rate will not go down. If you have a variable rate mortgage, then your interest rate will be adjusted to. A mortgage is a great way to invest in property, but it's important to know how inflation affect your mortgage.
