Should you get a fixed or variable rate mortgage?
The majority of Canadian’s struggle with understanding the difference in these two types of mortgages and what is the better option with most opting for the standard 5 year fixed mortgage. But is this the best option?
The truth is that there is no straight forward answer for which one is better. That really depends on your current and future goals for the property, but here’s a quick 60 second video that talks about the differences and why you might reconsider your options.
