Saskatoon Mortgage Broker shares article – Should You Choose a Fixed or Variable Mortgage Rate Today?

Monday Morning Interest Rate Update (February 29, 2016)   Article by Dave Larock


…The fixed versus variable question is essentially a risk/reward trade off. While variable rates have beaten fixed rates convincingly over the past 50+ years, I think that today’s variable-rate risks outweigh their potential rewards, and that’s why I am recommending fixed-rate options to most of my borrowers in the current environment. …

To read the full article click here

No comments yet.

Add your Comment