Goodyer
New Member
Hey UT community,
I bought a place in fort york in april and its almost closing time for the purchase. Does anyone have any advise regarding fixed vs variable?
I have a preapproved 5 year fixed rate with ING @ 3.69% which to my understanding is good. Also today variable 2.65% from monster mortgage who I am going with
My understanding of the math behind the mortgage isnt the best and I am hoping some people on this forum might be able to give some insight on how fast the variable rate could _possibly_ climb and if its still better to go with variable
If anyone has any input for me this would be greatly appreciated! Thanks!
I bought a place in fort york in april and its almost closing time for the purchase. Does anyone have any advise regarding fixed vs variable?
I have a preapproved 5 year fixed rate with ING @ 3.69% which to my understanding is good. Also today variable 2.65% from monster mortgage who I am going with
My understanding of the math behind the mortgage isnt the best and I am hoping some people on this forum might be able to give some insight on how fast the variable rate could _possibly_ climb and if its still better to go with variable
If anyone has any input for me this would be greatly appreciated! Thanks!