interest rates - lock in and stay variable?

  • amadeus

    Status: REIN™ Member

    Posts: 29
    Joined: 26 Mar 2008
    From: Vancouver

     HI,

    yes, the age old question... So I have a prime -0.9% rate for a couple more years.  I also have a lock-in available at 5 years at 2.98%.  From the sounds of it, it looks like prime will stay low for a while longer, and it also looks like the longer term rates will also stay low... what are people's thoughts?  What would you do?

    thanks!

    Amadeus
    Amadeus H.W. Nip, B.A., B.Ed., EPC, CFP

    Abundance Employee Benefits
    Abundancebc.com

    Silver PIN REIN member
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