Nobody can answer this question… Too many economic variables. Don’t be surprised if fixed rates are close to 10% in 5 years from now. At that point you would want to switch to a variable rate. Historically variable rates have shown to be a better choice in the long run.
let us know when you get an answer to this…
Nobody can answer this question… Too many economic variables. Don’t be surprised if fixed rates are close to 10% in 5 years from now. At that point you would want to switch to a variable rate. Historically variable rates have shown to be a better choice in the long run.