Hi Guys, which one do you think makes most sense, I really can not decide, on one side, I do not see them raising Prime much higher than what it is today! (7.2) on another I also don't see them lowering it anytime soon! but the difference is so close (5yr Vr P-0.8=6.40%) OR (3yr Fix 6.05%) can not decide which one !
I am leaning *A TAD* towards Variable, because over 3 years, I have a feeling there is higher chance BoC lower the Prime than actually increasing it ?
What would you guys do?
Mortgage amount: 650K
I am leaning *A TAD* towards Variable, because over 3 years, I have a feeling there is higher chance BoC lower the Prime than actually increasing it ?
What would you guys do?
Mortgage amount: 650K