Locking in a decade

Roma Luciw, a columnist for the Globe and Mail, published an article on Monday about the recent surge in popularity of the ten-year mortgage. There are distinct benefits to locking in for an extended period of time, especially now, with historically low rates that won’t stay low forever. Before choosing a mortgage product you should always see a professional to determine what is right for you, but the ten-year mortgage may be a good option – for now.