Understanding Fixed vs. Variable Rate Mortgages: What Suits Your First Home Purchase?
Are you a first-time home buyer in Burlington, Mississauga, Hamilton, or Oakville? Choosing between a fixed rate mortgage and a variable rate mortgage is one of the most important decisions you’ll make on your path to homeownership. In this post, you’ll learn how each mortgage option can impact your monthly payments, financial stability, and long-term goals. Let us help you navigate your mortgage options and provide trusted advice so you can confidently select the best fit for your first home purchase.