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Old 01-23-2015, 09:58 AM   #73
MillerTime GFG
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Join Date: Feb 2010
Location: Mckenzie Towne
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Quote:
Originally Posted by kevman View Post
This. I, foolishly apparently, thought that bank prime moved with BOC prime. I took on extra risk with a variable mortgage under the assumption that if rates went up my interest would go up but if rates went down my interest would go down. Boy was I mistaken...

To be honest it's more the matter of principle...
If you're speaking of recently, you're still way ahead of the game vs. fixed rates though!
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