Another mystery solved. I always wonder does it make sense to lock-in fixed rate mortgage if it is a lot more expensive than variable-rate mortgage. Lock-in is always worse off unless we are heading back to hyperinflation days in the 70’s.
Another mystery solved. I always wonder does it make sense to lock-in fixed rate mortgage if it is a lot more expensive than variable-rate mortgage. Lock-in is always worse off unless we are heading back to hyperinflation days in the 70’s.