I spoke to my broker and he said it is possible to fix your loan as Duckster said, but he advised limiting it to 50% of the loan. This leaves room for some flexibility.Some people have started fixing. However, variable rates still haven't reached the bottom. Rates may still continue to go down. I'll wait until variables start going up before we…[Read more]

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Have you heard of interest rate averaging What you do is you take out fixed rates on portions of your loanSo 20% at 5 years      20% at 4 years      20% at 3 years      20% at 2 years      20% at variable rate The 20% variable lets you pay off more if you need to20% goes variable in 2 years time and at this stage you can chose if you wa…[Read more]