I need to renew my mortgage (canada)
Bank offered:
A) variable 6.25% 5y
B) fixed 4.99% 3y
I'm leaning towards B) but that is an offer that existed before the 0.25 cut... which makes me wonder if they are gonna propose a better or worst deal soon?
I could also probably switch to an online lender like Nesto and get better rates, but this include some hassles.
#finance #econ
jp30566347 / ✨JP⚡
npub1470…ysq6
2024-06-07 17:58:58
Author Public Key
npub14706wrx38vptxufpq64zw89593c8t47y3809mg6npyl8t969aaese6ysq6Published at
2024-06-07 17:58:58Event JSON
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"content": "I need to renew my mortgage (canada)\n\nBank offered:\n\nA) variable 6.25% 5y \nB) fixed 4.99% 3y\n\nI'm leaning towards B) but that is an offer that existed before the 0.25 cut... which makes me wonder if they are gonna propose a better or worst deal soon?\n\nI could also probably switch to an online lender like Nesto and get better rates, but this include some hassles.\n\n#finance #econ",
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