Quote:
Originally Posted by GreenLantern
Currently at 4.89. Never got in on this good stuff of 1.2% or whatever by the time I renewed this was the best there was.
Mortgage is up November 1. Same as many I am trying to figure out what the right move here is.
Open variables are pretty pricey. I mean if I just lock in again at the same rate (which is what is being offered to me right now) at least I know my payment stays the same and my budget is good to go.
Sure would be nice to slim even a few hundred bucks off there though a month if I could.
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Closed variable should be a good option for you. Better rates than open and a great way to ride these next rate drops down and you can always lock into a 5 year fixed for free with your lender if fixed rates come down as well.