Posts tagged ‘fixed rate mortgage’
Monday Morning Interest Rate Update for May 4, 2020
Many fixed-rate borrowers are wondering if they can save money by breaking their mortgage and switching to a lower rate. Today’s post provides some examples to help answer that question.
Last Updated on December 14th, 2018
Conservative borrowers who prefer fixed rates almost always choose a five-year term. In today’s environment, I think there’s a much better deal to be had, even if no one is talking about it. In today’s post, I make my case.
Last Updated on November 10th, 2017
While the majority of Canadians still choose the five-year fixed-rate mortgage, do they do it because it’s the best product, or because it is more aggressively advertised? Today’s post explores whether the standard five-year fixed-rate mortgage is worthy of its top billing.