Sould you go “Variable” or “Fixed” ?
Recently, we have seen rates slide downwards slightly – the going 5-year fixed closed rate mortgage is now 3.89% To help those ‘tight’ transactions, there are also some stellar 3-year fixed closed rates hovering at 3.25%. Prime has been standing still at 2.25%. We also have two excellent closed variable terms available: 3 years at [...]
December 17, 2009