Being a mom has shaped the way I do everything...not just at home but in my work, as well. It has helped me understand the depths of commitment that my clients have to their families. As a mortgage specialist, I have the privilege of helping people achieve their dreams for their families. I'm so grateful to be able to offer people the advise and information they need to make reaching their goals as simple as possible. My purpose with this blog is to provide tools that will help new or current homeowners reach whatever goals they have set for themselves. If you have ideas you'd like to hear about, let me know.

Saturday, 7 May 2011

Fixed rate, variable rate or both: How to choose the right type of mortgage rate for you

Whether you are acquiring, renewing or refinancing your mortgage, one of the biggest decisions you face as a homeowner is choosing between a fixed or variable rate mortgage.


Choosing between a fixed or variable rate mortgage is not a simple decision, which is why many people are looking for advice to help them decide which mortgage interest type is best for them based on their personal circumstances.

You can choose to go with a stable, fixed rate mortgage. Or, you may feel more comfortable with the risks and potential rewards of a variable rate mortgage. For the “best of both worlds,” you might decide on a mortgage that combines both interest types. It really depends on your tolerance for risk, as well as your current goals and the life stage you are in.

CLICK HERE to read the article at the RBC Centre and get information about each option to help you make the right choice.
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