ON Canada - yes it would be a good exercise to do this especially if you want to get the best deal that you would want on renewal. Some clients want rates, others is pre-payment, others is the locking in to best rates when availing the variable rate mortgage. Email me if you need assistance - victor_catalan@centum.ca

ON Canada, Sept 11, 2011 - Current fixed rates are at the lowest and this makes housing more affordable. Variable rates on the other hand is around 2.4% while fixed are at 3.19%. The difference between the two rates is low or $ 39 for 25 years for each 100K of loan. Having the peace of mind of equal payments vs. low and volatile rates, the fixed rate may be a better option at this point in time. It could change next month. Email me at victor_catalan@centum.ca if you need further assistance on this matter.