Should you get a fixed-rate or variable mortgage? In these strange times, fixed has a rare edge
One of the classic personal-finance questions that mortgage borrowers face when they renew is whether to go with a variable rate or lock in a fixed rate for five years. It turns out that financial conditions now tend to favour the choice of a five-year fixed rate mortgage to an unusual degree.
Original Article Source Credits: The Star , https://www.thestar.com/
Article Written By: David Aston
Original Article Posted on: Nov. 22, 2020