@panchopeligro I’m a variable guy in general. There is generally a spread of around 1.5-2 percent between fixed and variable - that’s the bank’s cost for assuming the risk of massive increases. Or, from your viewpoint, you are buying insurance against increases, and the cost is that spread.
At less than 0.5 percent in today’s climate, you would need to go fixed. I expect we will land about 1 percent higher in total over the next 2 years before things inch downwards again, ending roughly where we are right now.
I do think those rates are wrong, though.