Mortgage reniew time

[Brokealot]

Any opinions on what would be the best place for a Mortgage.
I have a $175,000 variable open at 5.25% for 1 year with My local bank {Caisse Populaire} I,am in Moncton NB.

I see ING with 4.99%?

BTW. I just found this site and " WOW" lots of great ideas . You guys and gals ROCKKKKK


THKS

[Audiogenic]

Go through a mortgage broker for the best rate - FirstLine (CIBC), First National (ING/TD), there are alot of options.

[doodling]

definitely call mortgage brokers. i spent 1/2 hr talking to my bank, waste of time. different brokers seems to have better rates on certain products, not-so-good on others.

[Hubster]

Currently 4.92% 5 Year Fixed through one of my national lenders.

Must close within thirty days. This is a "no frills" rate, PM if you would like more details or I will post here as time allows.


Best of Luck,

Hubster

[blexann]

Any opinions on what would be the best place for a Mortgage.
I have a $175,000 variable open at 5.25% for 1 year with My local bank {Caisse Populaire} I,am in Moncton NB.

I see ING with 4.99%?

BTW. I just found this site and " WOW" lots of great ideas . You guys and gals ROCKKKKK


THKS

Economy is cooling off which means rates will likely go down next year

My opinion is stay variable and stay open - which you have

[doodling]

Economy is cooling off which means rates will likely go down next year

My opinion is stay variable and stay open - which you have

since a couple months ago ive also read that BofC would have likely dropped interest rates early december. it did not.

while ive read rates will likely go down next year, ive also read rates will likely remain steady.

all this guesstimating confuse me. i've just locked myself into a darn good 5 yr fixed rate that no variables open or closed can match.

and on that note, it's time to sleep!

[blexann]

since a couple months ago ive also read that BofC would have likely dropped interest rates early december. it did not.

while ive read rates will likely go down next year, ive also read rates will likely remain steady.

all this guesstimating confuse me. i've just locked myself into a darn good 5 yr fixed rate that no variables open or closed can match.

and on that note, it's time to sleep!

Notice I said that interest rates are LIKELY to go down - they may not.

what you've done is fine - for you - it's just that some people are in a position to take a little risk and stay variable/open.

[doodling]

Notice I said that interest rates are LIKELY to go down - they may not.

what you've done is fine - for you - it's just that some people are in a position to take a little risk and stay variable/open.

of course - and ive noted LIKELY in my comments too.

everyone can and will certainly make their own decisions - it's just that i wanted to share my 2 cents, too

[Brokealot]

THKs guys.

What do you guys think I should do.

WE would like to lower our monthly mortgage payments( $1,150} and consolidate our bills about {$30,000 } Our main focus is to lower our monthly payments.

I had a seriously head injury and mist almost 2 years of work. I have insurance but was a little short evey month about {$175.00 }and after 2 years it added up.

Thats why I was thinking 4.99 or lower


What do you think?

BTW I'am back at work since sept this year