GFM Network News


With interest rates on the rise, is it time to lock in?

Variable rates have been a winner for decades, but a fixed rate is an option worth considering

Is it time to lock into a fixed long-term mortgage? “Since 1975, the majority of the time the variable interest rate has been the better option and has saved producers money,” said provincial farm financial specialist Rick Dehod. However, the Bank of Canada recently increased its prime rate by a quarter of a percentage point […] Read more