Rates
You may want a closed fixed rate:
You may want a closed fixed rate:
You may want a closed fixed rate:
- If you believe that interest rates will rise - you will be protected against an increase.
- If you prefer to have the same payment over the course of your term.
- If you don't intend to make any or very few prepayments of your mortgage principal.
- If you don't plan to sell your home in the near future.
You may want an open fixed rate:
You may want a closed fixed rate:
You may want a closed fixed rate:
- If you plan to sell your home in the near future.
- If you intend to make prepayment of more than 20% of your mortgage principal.
- If you prefer to have the same payment over the course of your term.