💰 Fixed or Variable? Choosing the Right Mortgage Rate 🏡

📞 Book a call/meeting at a time convenient to you – https://calendly.com/andyschildhorn

Last week, the prime rate dropped by half a point, reducing costs for variable-rate mortgages. But fixed rates haven’t seen the same decrease. I’m Andy Schildhorn with Macdonald Realty, here to explain why fixed and variable rates react differently and how further rate cuts might complicate these choices.

In this video, I’ll cover:

1️⃣ Why fixed rates are tied to government bond yields

2️⃣ The complex choice between fixed rate stability and variable rate savings 3️⃣ What “Date the Rate, Marry the Real Estate” means for timing your purchase

For personalized guidance, I recommend contacting mortgage broker Rita Cousins, who can help you navigate these trends and find the right option for your needs. Her contact information is below.

📋 Mortgage Advice from Rita Cousins Connect with mortgage expert Rita Cousins for tailored advice:

🌐 Rita Cousins' Website: http://www.ritacousins.com/contact.html

💬 What are your thoughts on fixed vs. variable rates? Share your questions or ideas in the comments below—I’d love to hear from you.

📅 Ready to discuss your real estate goals?

Use the link below to book a call and explore your options with me:

📅 https://calendly.com/andyschildhorn

📞 778.835.8957

📧 [email protected]

🌐 www.AndytheRealtor.com

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Thanks for watching, and see you in the next video! 👋

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