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