Dave Oliver || July 10, 2024
Fixed Vs Variable over 5 years ..which is better assuming 5 .25BPS rate drops
To compare the interest paid on a $500,000 mortgage with 20 years left on amortization under a 5-year term:4.99% Fixed RateCurrent Variable Rate at 6.2% with Expected Rate Drops:5 drops of 0.25%...
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