Is it time to lock in your mortgage for a 5 year term?

2011-10-13 | 10:11:31

The mortgage market is very unique right now. As far as every one can tell a rate increase or decrease is unknown. Based on the new 5 year fixed rate being so close to the variable rate ( about 20bps off) it might be time to look at the advantage of locking in. Always review your mortgage with a Windsor Mortgage Agent to see the best scenerio.