The Globe’s Rob Carrick has been running an interesting series of 3-minute financial interviews. He has a really cool rapid-fire, bullet-point format. I had a chance to speak with him last week about rates, etc. Video
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Last modified: April 28, 2014
Hi Rob. Great interview. Just wondering, do you have info on the “ideas” criteria you mentioned for determining if a variable mortgage is a good choice? Thanks
Tom
You sounded great Rob. Especially liked the “IDEAS” mnemonic!
Hi Rob, Good job in the interview. When are you going to get your own show?? :)
Hi Rob, I caught the interview and as a fellow mortgage broker I feel that your assessment was excellent & insightful. Its rare for mortgage brokers to agree! LoL
I even gave you a plug on my blog have a look! http://www.TorontoHomeMortgages.com
Cheers
Chris Molder – Tridac The Mortgage Centre
Thanks guys!
Thomas, IDEAS stands for:
Income
Debt ratio
Equity
Assets
Satisfaction with risk
These are some of the things we evaluate when gauging whether someone is cut out for a variable-rate mortgage.
Cheers,
-rob