Think about more than just the rate before locking in a mortgage, experts say

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 As fixed-rate mortgage rate offerings tumble, those with variable loans thinking about switching over and locking in need to consider more than just the rate, experts say.

James Laird, co-founder of Ratehub.ca and president of CanWise, says the rates being offered on fixed-rate mortgages in Canada are the lowest they've ever been, so it is logical to consider your options.

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Original Article Source Credits:   BNNBloomberg , https://www.bnnbloomberg.ca/

Article Written By:  The Canadian Press

Original Article Posted on:  Sep 3, 2020

Link to Original Article:  https://www.bnnbloomberg.ca/think-about-more-than-just-the-rate-before-locking-in-a-mortgage-experts-say-1.1489062



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