What are the differences between fixed and variable rates?
Stay tuned for this new section Tips to save money with Gonçalo Malheiro, Financial Educator and creator of digital content related to finances.
September brings a special edition of the Tips for Saving section, in partnership with Financial Educator Gonçalo Malheiro. The series will bring 4 new videos throughout the month, and plenty to learn.
The first one is clear: It explains the difference between fixed rate and variable rate. In a simple way, Gonçalo explains how the interest rates of the mortgage affect how we repay the loan to the bank.
Through a concise explanation of interest rates, it is possible to understand the impact each one has on financing, in order to make a more informed and thrifty choice!
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