Archive for March, 2009
With investments doing so poorly, would be to our benefit to pay down on our mortgage while we are below at such a low prime ?
Mar 24th
Michelle, Great way of thinking…. I suggest YES, figure out a comfortable payment (maybe check what the payment was back when you signed up) and ask your lender (bank) to “hold the payment” at that comfort zone. HEADS UP THOUGH…. I just called my bank to do the same, and More >
Is todays variable rate mortgage (3.3%) the best choice?
Mar 24th
QUESTION:
Hi Michael, I’ve just been checking with rates at different institutions. I have until May 1st to get the mortgages set up so I’m not really in a hurry. The best rates I’ve been able to find on a variable rate 5 yr is around prime + .80%. I did just receive a More >
