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My dumbass signed 5 year fixed at 5%. If I waited till fall,...

My dumbass signed 5 year fixed at 5%. If I waited till fall, I probably would have bought a better house and at better rate.
I'm gonna go cry now $BMO EQUAL WEIGHT REITS INDEX ETF TRUST UNIT (ZRE.CA)$
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  • Nekrosis : I got a variable in 2022. Everyone was telling me I was stupid, and should go fixed at 5.45%.

    Don't worry, you weren't being dumb at the time.

    See if you can break the contract and refinance, if there fees are less than the difference in interest you would pay over the 5 year term, it's a no-brainer

  • Lauren_investement OP Nekrosis : In 2022, a lot of people probably recommended the OP to choose a fixed interest rate due to concerns about rising rates, but looking back now, things always have two sides to them.