Zippy to Canada@lemmy.caEnglish · 2 years agoCanada Unemployment Rate Nudges Up to 5.2% in Maywww.marketwatch.comexternal-linkmessage-square9fedilinkarrow-up113arrow-down10
arrow-up113arrow-down1external-linkCanada Unemployment Rate Nudges Up to 5.2% in Maywww.marketwatch.comZippy to Canada@lemmy.caEnglish · 2 years agomessage-square9fedilink
minus-squaredom@lemmy.calinkfedilinkEnglisharrow-up2·2 years agoI can at 1% higher than my rate… so 7% I’ve got over 4 years left in the term. I dont know what the right decision is because if it doesn’t actually go up again then we’re paying insane interest for the whole term. I’m again worried about the “buying high, selling low” due to fear on my part
minus-squaresbv@sh.itjust.workslinkfedilinkEnglisharrow-up1·2 years ago I can at 1% higher than my rate… so 7% Oof. That is punitive. Your mortgage broker gave you terrible advice.
minus-squaredom@lemmy.calinkfedilinkEnglisharrow-up2·2 years agoYup. I honestly don’t know what to do and don’t know who to trust at this point.
I guess you can’t lock in?
I can at 1% higher than my rate… so 7%
I’ve got over 4 years left in the term.
I dont know what the right decision is because if it doesn’t actually go up again then we’re paying insane interest for the whole term.
I’m again worried about the “buying high, selling low” due to fear on my part
Oof. That is punitive. Your mortgage broker gave you terrible advice.
Yup. I honestly don’t know what to do and don’t know who to trust at this point.