Retirement

With interest rates on the rise, many Canadians are pulling the trigger and getting into home ownership. There has also been a flux of current home owners who are exploring longer term rates to help stabilize their payments. If you own your home and are looking to stay in it for the next 5 - 10 years or longer, securing a longer term interest rate may be of benefit especially if income changes, such as retirement, are on your horizon. By getting into a 5, 7 or 10 year term, your payments are guaranteed for that term and will not change. Depending on your future plans, this could be a great way to ensure you can maintain your home comfortably into retirement. Call me today to discuss!