fixed or variable rate mortgage

Discuss Canadian Mortgages here.
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Joined: Thu Jun 05, 2008 3:35 pm

fixed or variable rate mortgage

Postby 1819 » Wed Dec 03, 2008 3:19 pm

My mortgage is up for renewal and I don't know what to chose - fixed or variable rate? What do you thing is best? I thought maybe fixed rate is better since the economy is unstable but some people are telling me to chose variable again - I am kind of weary on the variable mortgage right now...

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