Thread: Mortgage Broker
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Old 10-15-2014, 05:21 PM   #59
albertGQ
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Join Date: Jan 2004
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I would typically recommend a variable over a fixed term almost all the time.
You're paying a premium for a fixed rate. Like MillerTime said, VRM is historically a better choice than fixed

The payout penalty is also more friendly (3 months interest vs IRD)
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