Just woke my husband up (he’s the money manager) and asked him if we had fixed vs variable on our house and warehouse… he gave me the stink eye for waking him up, but so glad to know all our mortgages are fixed at 3%! Whew! I can sleep now! And the warehouse will be paid off in less than two years 😎. Thanks for listening!
Yeah but picking 1% variable vs 2% fixed is not something I would do, or recommend.
I didn't know about the 5-year-fixed thing, that is insane. "Blame Canada"?
Just woke my husband up (he’s the money manager) and asked him if we had fixed vs variable on our house and warehouse… he gave me the stink eye for waking him up, but so glad to know all our mortgages are fixed at 3%! Whew! I can sleep now! And the warehouse will be paid off in less than two years 😎. Thanks for listening!
Yeah. Canada is weird. There are basically 5 banks that have an oligopoly, and they march in lockstep. There’s no real “choice”
Yet another thing we can hope gets fixed....