Floating mortgage rates have fallen but at the same time fixed rates have increased. What should you make of all of this? What are the implications for future home mortgage rates
If rates pan out as I expect then you’ll pay 20% less interest using short-term rates. On a $400,000 mortgage that equates to an extra $32,000 off your mortgage in five years’ time
One of the things we see a lot of is the financial difficultly people find themselves in once they start a family, or simply juggling their family and the mortgage. The good news is that with falling interest rates there are an increasing number of opportunities where we can help lighten the load
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