
Is it Wisest to Choose a 5 or 10-Year Fixed Rate Mortgage?
There are a lot of considerations that prospective home buyers must factor into their decision to take out a mortgage loan. Two such considerations are: “Should I go with a fixed-rate or adjustable-rate mortgage?” “Should I take up a 5-year or 10-year mortgage?” Fixed-rate mortgages are incredibly appealing because, in Canada, they are not subjected…