How Long to Fix Mortgage For

How Long to Fix Mortgage Forを徹底追究! 読者が気になる 重要ポイントを凝縮して配信します。

When you’re staring at those mortgage offers, ask this: “If rates go up by 2% tomorrow, will I be able to sleep tonight?”

If the answer is “No,” fix it for as long as you can. If it’s “Yes, I’ll just skip fancy lattes for a month,” then go short or variable.

I remember my cousin Lucy fixed her mortgage for seven years right before rates shot up. She didn’t become a financial guru—she just wanted to know her payment wouldn’t change while her kids grew out of shoes every week. Smart Lucy.