u/PrettyFly_BrownGuy

Balance: 385000 ish

Amortization: 16 years 10 months

Lender: MCAN

I was able to lock in two rates a couple months ago.

3 year fixed 3.84%

5 year variable prime - 1.15 currently 3.30%.

I took the fixed initially but considering going back and asking to switch to that variable. We are currently paying 4.64% quite comfortably so we are ok if rates go up.

I know rbc has better rates for the fixed but I have a second position Heloc at prime (currently $0 balance) and RBC wasn't too keen on letting me keep it so the penalties for closing the heloc erase any rate savings.

Thought? Thanks in advance