MYTH: Fixed rates are always better than variable rates.
FACT: Neither is “always” better; it depends on your risk tolerance, timeline, and market conditions. Fixed rates give stability and predictable payments. Variable rates often start lower and can save money if rates drop but the opposite could happen. The best option depends on your financial comfort and long-term plan.
Your cousin says fixed rates are best. Your friend says variable rate is smarter. Who’s right? Both can be right… for the right person. Let’s find the option that fits your plan.
damilola.azeez@cleartrust.ca | www.damilolaazeez.ca | +1-416-668-4943
