This a question many home owners & home buyers will be asking
themselves this Spring when figuring out their mortgage situation.
Which one is the better option?
There is no right or wrong answer, the better option is, IT DEPENDS
Both options have their “pros” & “cons”:
5 Year Variable
• rate is based on Bank of Canada Prime (currently 2.25%) [...]
Posts Tagged ‘5 year’
5 Years Fixed or 5 Years Variable?
Posted in Mortgages, tagged 5 year, Mortgages, open mortgage, prime rate, variable rate, wayne marks on January 31, 2010 | Leave a Comment »
