Alain Guillot

Life, Leadership, and Money Matters

Tag: Interest rates

  • Interest rates: Variable rate or fix rate?

    Three years ago I bought a condo. Interest rates were at record lows. The variable rate was a 2.25 and the fixed-rate was at 3.25 Which one would you have chosen? The fixed-rate guarantees the same rate for 5 years and I can feel safe that the interest rate will not be higher than 3.25%.…