Fixed or Variable rate ? Eastern Canadian markets...we're

>>2804636
>he thinks boomers want to fish all day

take adjustable rate like a madman... rates are going below 0

>>2804636
Go fix! The risk isnt worth it!

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>>2804672
>>2804679


only two answers are opposite..GREAT

>>2804664
What about the rich Asian folk, they like fishing

>>2804702
Bank of Canada has already raised rates recently, but some are pegged to LIBOR, either way the smart thing to do is go fixed as rates will rise and Adjustables will go much higher and you don't want to bank on being able to ride whatever cheaper payment period then rolling over to fixed as that might not be doable.

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>>2804718
okay awesome, thanks for your input

>>2804702
Fixed rate. Adjustable rate is what totally wrecked the economy in '08

>>2804636
Holy shit dude, are you serious? Variable rates are fucking cancer right now. They have literally nowhere to go but up. The BOC has to raise interest rates to prevent a total financial meltdown, and they are being very open and blunt that that is the plan.