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Khel · 08-03-2010, 11:14 AM

So I've purchased a place, but now I have to decide whether I want to go with variable or fixed rate for the next 5 years?

I've been preapproved at 2% variable (to start) and 4.1% fixed... Is it safer to lock in or take my chances?

08-03-2010, 11:14 AM	#1138
Khel Crash and Bang Winger Join Date: Aug 2005 Location: Calgary Exp:	So I've purchased a place, but now I have to decide whether I want to go with variable or fixed rate for the next 5 years? I've been preapproved at 2% variable (to start) and 4.1% fixed... Is it safer to lock in or take my chances?