Purchase

Fixed rate or variable rate, which one should you choose?

With a fixed rate your mortgage payment stays the same for the term of your mortgage. With a variable rate mortgage however, the mortgage rate will change with the prime lending rate as set by your lender. One of the most import decisions you’ll have to make is whether to sign up for a fixed vs. variable rate mortgage. This is where I can help to show you the difference between the two and together we can find the best option that suits your needs.