Are you a new or current mortgage holder? Deciding to chose between a fixed rate or a variable mortgage can be a tough choice, especially in today’s unique economy. Remember to use your own individual situation, your financial flexibility or lack thereof, your comfort level with some uncertainty, or feeling better with knowing exactly where you stand. All of this will factor into your decision. There is no right or wrong. The super low mortgages can tempt you to maybe break your existing mortgage, to get that lower rate, but beware of penalties or “bonus” payments to the bank, they can sometimes erase any gains you might be expecting. Do your homework. If you would like a recommendation for a mortgage broker, to help you navigate all of this, call me!