Fixed vs. Variable: A Closer Look

By July 23, 2013Uncategorized

The Bank of Canada (BoC) issued their latest monetary policy report yesterday which forecasts the state of the economy over the next several years. Turns out, the BoC is not anticipating a hike in their overnight rate until mid-2015.  Given this information, “Dave the Mortgage Planner” takes a deeper look at comparing fixed-rate vs. variable-rate mortgages over the next 5 years and concludes it might be in your best interest to take out a variable-rate mortgage.  Dave also suggests a creative payment strategy to help save on interest and pay your mortgage back faster! To learn more about fixed-rate vs. variable-rate mortgages and what an additional monthly payment of $143.00 on a variable-rate mortgage can save you in the long run…CLICK HERE. best free online casino

765qwerty765