Is It Crazy To Consider A Variable Rate In Today’s Market?
When considering a mortgage, one of the biggest decisions you will make is whether to go for a fixed or variable rate. A variable rate mortgage can offer flexibility and potentially lower interest rates, but also carries the risk of interest rate increases. You may think in today’s times with higher interest rates than we’ve seen over the past couple years that you would be crazy to take the variable interest rate route, but what if I told you weren’t?