Is The 10 Year Fixed Rate Mortgage Right For Me?

The 10 Year Fixed Mortgage has been a topic of much interest in early 2012 as interest rates on 10 year mortgages have reached historic lows…

The question that MonsterMortgage.ca receives from our clients most often is whether the 10 Year Fixed Mortgage product is right for them and why.

With all of the interest in the 10 Year Fixed Rate mortgage, MonsterMortgage.ca Agents Karen and Nuno talk about the benefits of the 10 Year Fixed Mortgage product and field some e-mail questions we’ve received.

In this video about the 10 Year Fixed Rate mortgage, MonsterMortgage.ca Agents Nuno and Karen address some concerns from:

• An e-mailer with a suspicious Financial Advisor; weary of restrictions or hidden penalties associated with some mortgages in today’s market.
• An e-mailer looking to start a family and stick to a strict budget; wondering if the 10 Year Fixed Rate Mortgage is right for them considering their planning needs.

If you have your own mortgage related question on this topic or any other, do not hesitate to e-mail MonsterMortgage.ca at info@monstermortgage.ca or by contacting us at 416-480-0234.