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View topic - Variables or Fixed Rate Mortgage? - Mortgage Forums
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Variables or Fixed Rate Mortgage?
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Author Message
jose36



Joined: 05 Dec 2007
Posts: 1

Posted: Wed Dec 05, 2007 9:22 am    Post subject: Variables or Fixed Rate Mortgage?  

Hi,
I am planning to buy a house of my own and have not been able to decide as to whether to go in for Fixed rate or Variable rate Mortgage. Though I have gone through many articles on this but I would still like to learn more as this would be a one time decision. Can someone please suggest a site which can elaborate more on this issue? Thanks!
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chow



Joined: 22 Jan 2005
Posts: 2352
Location: Cornfield County, Indiana

Posted: Wed Dec 05, 2007 10:27 am    Post subject:  

Why would you get a variable rate when fixed is going to be better in the long run?
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Haplo



Joined: 20 Jan 2005
Posts: 2406
Location: Springfield, IL

Posted: Mon Jan 21, 2008 7:12 pm    Post subject:  

Most variable rates are worse pricing than fixed rates right now.
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