Fixed rate or Variable Etobicoke Mortgages

Etobicoke mortgage broker Mike Schofield explains the benifits of fixed rate and variable rate mortgages.

“Fed Cuts Key Interest Rate” Why does this not affect my variable rate home equity mortgage?

fixed or variable rate home equity 2.5% difference?

I have a fixed rate home equity line of credit on 64,000. With the lower rate on variable. Is it worth switching over? The fixed rate is at 7.3% and the variable rate is at 4.8%. I would save around $133 a month. I would apply the savings to the principal. Or is there any [...]

I have a capital one home equity line of credit, variable rate. How high or low can they fluctuate?

That’s what I’m nervous about. My interest rate is right now at 6.5%, and because the economy is so bad that’s most likely why. However as the economy rebounds, which it eventually will, I’m sure my interest rate will jump. However that worries me because I’m not sure how much I’m then going to end [...]

What is the best way to get a variable rate home equity loan changed to a fixed lower rate loan?

We currently have an interest only loan with an interest rate that keeps climbing. We want to get it paid off but there’s no way with the current loan we have. Any suggestions?

I Have a variable rate Home Equity loan . The Interest rates are killing me now. What should I do ?

I want to know what bank has the best rates right now .