To Fix or Not to Fix?

Fixed or variable rate, which is best for you?

Probably the most common question that we address from our clients is whether to go with a fixed or variable rate on their next mortgage.  Studies show that variable rates out perform fixed in the majority of cases (estimated at 85% of the time).  Over the last two years, this expected savings probability has reduced due to the historic low fixed rates offered.

The recent rise in fixed term interest rates over the last six months has increased the expectation of variable out performing fixed over the next five years. 

Please contact us if you would like a complimentary personal review of your current mortgage!