Choosing a mortgage: fixed or variable rate?

The decision whether to go with a fixed or variable rate mortgage can be difficult, since there are pros and cons to each. Kristine Skinner, Financial Advisor at BlueShore Financial talks about the two main issues to consider and alternative types of mortgages that are a little of each.

BlueShore Financial's mortgage solutions aren't one-size-fits-all. We create custom mortgages to match your needs, allowing you to nominate how much of your home loan you would like to be secured with fixed mortgage rates and how much of your home loan (the remaining amount) you would like to put on a variable rate. Your mortgage split is completely flexible -- 50/50, 30/70 -- you decide, based on your comfort level and tolerance for risk.

For more information, visit us online https://www.blueshorefinancial.com/ToolsAdvice/Articles/MortgagesHousing/DecidingOnAMortgageStrategy/