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Variable vs a fixed-rate mortgage: what’s best for you?

Variable vs a fixed-rate mortgage: what’s best for you?

Variable vs a fixed-rate mortgage: what’s best for you? Most people choose a fixed-rate mortgage to avoid surprises in their monthly payments. While a fixed-rate mortgage will avoid surprises in their monthly cost, it may also cost them more money over the life of their mortgage. Variable rates go down as well as up. We can show how a variable-rate mortgage might be the most economical way to go. https://skipthebank.ca

© Sandra Lastovic is the Principal Broker with the Mortgage Centre in Guelph. With over 15 years’ experience and holds a M.Sc. from the University of Guelph. She was recently ranked at the top 75 agents in Canada by The Canadian Mortgage Professionals annual survey and 2017 Most Influential Women in the Mortgage Industry. She can be reached at 519-763-3900 x1001 or www.skipthebank.ca™

 

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