Refinancing To A Fixed Rate Mortgage

May 29, 2013/Tip of the week

The instinctive response for most people when they hear rates have gone up is to switch from a variable rate to a fixed rate mortgage. That’s understandable. Unfortunately, lenders in a climate of rising rates will make you pay for that interest rate certainty. Also, you don’t have the flexibility of paying off your mortgage sooner with a fixed rate mortgage.

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Daniel Hustwaite
0408 985 611