29 March 2013
lock or not to lock – that is the mortgage question? Should you “early renew”
into fixed today?
With fixed rates as low as 2.79% for 5
years fixed and variable discounts of not so great – it’s a heated debated once
again today what to choose – fixed or variable?
Choosing a fixed-rate mortgage is like
getting an insurance policy: although it costs you a certain sum, it helps you
sleep safe and sound. Of course, there are a lot of benefits for choosing a
variable rate which depends on the prime, but sometimes the gains may not be
worth the risk…