Anyone work for a bank, or want to dish out some advice.
I'm looking for a 5 year term mortgage on a house.
I like the idea of it being based on prime which of course floats around (current 3.75) however does anyone know where its trending, i have heard up.
A fixed rate of 5.4% is the other option, is this negotiable at all?
I have heard that it is, can anyone give some advice on flexability from the inside?
Of course in the end im just looking to save some money, and that 1% interest rate difference between the options translates into quite a few thousand dollars and hence some bike modding or furniture, priorities
Thanks for any advice