Why Canadians Choose an ARM Mortgage
Why Canadians Choose an ARM Mortgage “Why would anyone do an ARM mortgage?” you ask. Simple: people like low initial payments and are willing to take a calculated risk. Low initial rates: Save thousands early. Short-term plans: Planning to sell before adjustments hit? Perfect. Confidence in income growth: Your future self will pay it off faster than you can say “interest spike.” Tips for ARM mortgagers: Understand adjustment intervals (5/6, 7/1, etc.). Budget for future increases—don’t treat it like a lottery ticket. Refinance if rates drop—banks may love you more than your dog does. Follow our blog for hilarious and practical mortgage advice Informational purposes only. ARM mortgage terms vary. Consult a licensed financial advisor.