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Old 07-17-2020, 08:23 PM   #16048
Oleophobic
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Join Date: Feb 2010
Location: vancouver
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Quote:
Originally Posted by Ludepower View Post
I have a feeling 2020 assements are going back to 2018 assement levels.

Bank on Canada says rates are staying this low for the foreseeable future. Happy I chose variable.
lol 5 year fixed 2.94% checking in. Signed in February FML
We decided to do at least $15k in prepayments each year to help pay down the principle and reduce overall interest but the total extra interest paid over 5 years vs a rate like 2.25% still amounts to ~$30k
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