Fixed or variable? The coronavirus crisis has made one the better pick for mortgage shoppers this spring
Amid crumbling financial markets, hundreds of thousands of Canadians must pick a mortgage term this spring.The most common question they’re asking – besides “what’s your best rate?” – is “should I go fixed or variable?”Well, my magic eight ball isn’t perfect, but it does tell me this: The odds are with variable rates.
Original Article Source Credits: the globe and mail, https://www.theglobeandmail.com/
Article Written By CHARLES KRUPA
Original Article Posted on : MARCH 11, 2020
Link to Original Article: https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-why-variable-mortgage-rates-are-likely-the-best-bet/