Morgage interests rates go Fixed or Variable

[muskokalandlord]

What do you think. Stay variable or go fixed ?

 

[Thomas Beyer]

QUOTE (muskokalandlord @ Mar 25 2010, 08:27 PM) What do you think. Stay variable or go fixed ?
I think you should check these 120+ answers here at 25+ REIN posts: Fixed or Variable - The Eternal Mortgage Question ?

 

[housingrental]

No
We need a new thread on this every 4 days for the last 2+ years
QUOTE (ThomasBeyer @ Mar 25 2010, 10:16 PM) I think you should check these 120+ answers here at 25+ REIN posts: Fixed or Variable - The Eternal Mortgage Question ?

 

[muskokalandlord]

Sorry so what is your opinon?

 

[mortgageman]

How about a hybrid mortgage and split it 50-50 fixed to variable
there are several lenders who are rental friendly and you can have different components within the mortgage.

QUOTE (muskokalandlord @ Mar 26 2010, 10:05 PM) Sorry so what is your opinon?

 

[housingrental]

It depends on the person, their situation - risk tolerance, financial situation, and options available for that particular property.



QUOTE (muskokalandlord @ Mar 26 2010, 11:05 PM) Sorry so what is your opinon?

 

[gwasser]

QUOTE (muskokalandlord @ Mar 25 2010, 08:27 PM) What do you think. Stay variable or go fixed ?


As Thomas suggested, use the search engine on this forum and you will find an abundance of information on this Topic:
I typed in "variable Rate" and I got 13 pages listing numerous postings.

 

[lilbuffet]

no clear answer.....depends on a bunch of factors....check the other threads!