Search results

My current mortgage rate of interest is Prime minus 1.4. BoC rate as of today is 4.75. My bank’s prime is 7.1 so my variable rate of interest is 5.7 as of today. Renewal is in the 1st quarter of 2027. My bank is giving me 5.3 fixed for a 3yr term. Should I switch to fixed? If I switch I will be...