Yet another Fix v/s variable interest thread July 2021
I read a bit on this topic. A good article is below
https://financialpost.com/moneywise/why ... -than-ever
if the difference in 5 year variable v/s 5 year fixed offered right now in July 2021 is 0.9% , what is rfd's take , go Variable with option of moving to fixed by paying 3 months interest?
It was interesting to know that both variable and fixed interest rates are related to different parameters - variable to BOC rates and Fixed to Bond Yields etc
It will never be Oil or Gas or Wind or Solar or Electric. It will be Oil and Gas and Wind and Solar and Electric.