• sbv
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    1 year ago

    I guess you can’t lock in?

    • dom@lemmy.ca
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      1 year ago

      I can at 1% higher than my rate… so 7%

      I’ve got over 4 years left in the term.

      I dont know what the right decision is because if it doesn’t actually go up again then we’re paying insane interest for the whole term.

      I’m again worried about the “buying high, selling low” due to fear on my part

      • sbv
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        1 year ago

        I can at 1% higher than my rate… so 7%

        Oof. That is punitive. Your mortgage broker gave you terrible advice.

        • dom@lemmy.ca
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          1 year ago

          Yup. I honestly don’t know what to do and don’t know who to trust at this point.