Quote:
Originally Posted by Muta
Sooo... should I suck up my ego, bite the bullet and lock my mortgage in (ie. equivalent of buy low sell high, haha)? Or has that ship sailed and now I should ride out my variable rate in the hopes rates go down later... got 2.5 years left until renewal  |
I wouldn’t lock in. If you were up for renewal I would Say to lock in short term as I suspect rates will start to fall once the recession hits. Some may argue but that’s my prediction.