The ideal mortgage

Jason Heath|March 22, 2012|,

By MoneySense staff  |  MoneySense  |  March 22, 2012

History presents a useful guide as to what type of mortgage to choose. “In recent years you would have been better off in variable-rate mortgages,” says Jason Heath, a fee-only financial planner with Objective Financial Partners in Toronto. “But that’s because we’ve had falling mortgage rates over the last 30 years.” Today, rates are low and they will likely rise, so there may be benefits to locking in, too.  read full article

This article is intended for educational purposes only and does not constitute personalized advice. The strategies and information discussed may not be suitable for your individual situation or may not be up-to-date and current. Please seek guidance from a licensed professional for advice specific to your circumstances.

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