Fixed vs. Variable Mortgage Rates: Which One is Right for You?

When choosing a mortgage, the biggest decision is between a fixed or variable interest rate. A fixed-rate mortgage offers stability—your payments remain the same throughout the term. It’s great for budgeting and peace of mind. On the other hand, a variable-rate mortgage fluctuates with the market, potentially offering lower rates over time but with some risk. The right choice depends on your financial situation, risk tolerance, and market conditions. Not sure which one fits your needs? Let’s explore your options and find a mortgage that aligns with your long-term goals.