Remax sarnia realty inc., Brokerage
1319 Exmouth St. Sarnia,
ON, N7S 3Y1

Ryan Gervais

Ryan is a full time Sales Representative with Re/max and look forward to being your guide to the Sarnia Real Estate market

Mortgage Rates are Falling!

Barry Porter no Comments In Mortgage

With all the different mortgage products out there its always tough to figure what is the best product for you. Not sure what to choose? I will break down three great options.

Firstly a fixed mortgage will provide you and your family piece of mind with limited time offer rates as low as 2.99%. Now with the federal election in 4 years interest rates have historically been lower during an election year so you can take advantage of this by looking at 4 year mortgages vs the typical 5 years. This strategy is a more sophisticated rate timing philosophy.

Variable on the other hand has historically been the best option but times have changed with the variable rates are at 2.90%. The variable rate will provide you the opportunity to save money, but the key word here is opportunity. If you’re a risk taker variable rate mortgages are a great product. The problem we face now is ...

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