Quote:
Originally Posted by powderjunkie
I think it boils down to the actual reasoning:
- life uncertainty and wanting flexibility to break mortgage early? Sure.
- want to pay down principal ASAP and use the monthly 'savings' compared to fixed against the principal? Great.
- want to save like ~$100 per month because otherwise you can barely make your budget work at all? Yikes.
|
I just can't see how everyone wouldn't jump all over a fixed rate mortgage at 1.68%.