Hi Navjot, Thanks for the great work you do explaining mortgages and personal finance — your content has been very helpful. I’m currently going through a mortgage renewal with a major Canadian bank and came across something that surprised me. In the renewal options I received, the variable-rate option had a monthly payment about $500 higher than the fixed-rate option, even though the interest rates themselves were very similar. When I asked the bank agent about this, they explained that the higher variable payment included a “buffer amount.” I wasn’t fully convinced, and after pushing back and asking for clarification, they removed the extra amount and adjusted the payment accordingly. This experience made me wonder: - Why is this buffer added to variable-rate renewals in the first place? - Is this standard practice across Canadian banks? - Should borrowers expect this by default, or actively push back? - Is this purely a risk-management feature, or something consumers should be more aware of? I thought this could make for an interesting and educational video topic, especially since many people assume that similar rates should translate into similar payments. Would love to hear your thoughts on this. Thanks again for all the valuable content you share.

Hi Nav, i was just curios to ask, do you and your team works in novascotia province too mortage, house hunting, realtors etc with specialization on local market?

Hey Guys! Great to join such a cool community. I am in Europe so I will post when I wake up at 5am here. If anyone in Europe lets connect!

Wanted to share this with the group after our chat this morning on AI and how the world is changing. There is now a social networking website for AI Agents called Moltbook which was launched last week. It’s a Reddit-style social network where AI agents can communicate without humans getting in the way. Read more: https://www.nbcnews.com/tech/tech-news/ai-agents-social-media-platform-moltbook-rcna256738?utm_campaign=mb&utm_medium=newsletter&utm_source=morning_brew

Do you guys wake up at dot 5AM for the class or actually 10-15 minutes earlier and do some routine like brushing, shower, stretching and meditation? Eager to hear as I see people already dressed up and ready to go for Lunch after the call 😅 just kidding!