Fixed Rate or Variable Rate Mortgage
April 28th, 2010Here's one way of looking at the situation. The spread between fixed (4.59%) and variable (1.75%) is significant, at about 2.80%. We also know th ...
5 Year Fixed – 4.54%
Quickclose 5 Year Fixed ...
Toronto mortgage broker, Chris Molder, updates the mortgage market through his weekly video blog. A combination of positive econmic data, the high Canadian dollar, and end of the RRSP season, caused two recent increases to fixed rate mortgages. All this activity makes the variable a very attractive option. Of course, mortgages are not a one size fits all product. For an analysis of your situa ...