Work with a trusted local mortgage broker who knows Winnipeg and has access to the lowest 5-year fixed mortgage rates in Winnipeg.
A fixed rate mortgage has a set interest rate over a given term and is not subject to change over the life of the term. Your interest rate is locked in. The 5-year fixed mortgage offers the stability of a fixed mortgage at a competitive mortgage rate. The 5-year fixed mortgage guarantees your mortgage payments will not change for the next 5 years. It saves you money while giving you the security of predictable payments.
With a variable rate mortgage the rate is based on the prime interest rate. With a variable rate mortgage your payments will rise as prime goes up. Conversely, as prime goes down your payments go down. Your taking the risk the prime lending rate will stay low for the next five years. It’s a gamble.
The 5-year fixed mortgage offers peace of mind and stability.
Contact Vertuity Mortgage for a personal consultation and learn how to get the best mortgage loan rates in Winnipeg.