Variable Rate Mortgage or Fixed Rate which option is right for you? Almost entirely for the past 30 years variable rates have outperformed the fixed rate mortgage. So why are fixed terms so prevalent? Most often reason, Peace of Mind knowing that your mortgage payment will remain the same throughout your term. What if there was another option which took advantage of the lower interest rate? Anne explains your options.
Filed under: Mortgage Planning | Tagged: Mortgage Planning, Finance, Mortgage Advice, Real Estate, TD Canada Trust, Refinace, Variable Interest Rate, Fixed Rate Mortgages, Amortization | Leave a Comment »
