Understanding Interest Rates
by | Posted 4.6.2014 | Post Comment (No Comments)

Dealing with interest rates is something we all have to do at some point in our life. In fact, if you purchase a residence, chances are you took a mortgage which is subject to interest rates. The question you will have to answer is if you take a variable rate, a 3 year fixed term, a 5 year fixed or a much longer term. The interest rate and your appetite for handling fluctuating interest rates will affect your choice along with your financial stability.

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