Areeyeseekay

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Switch from variable rate to fixed rate mortgage?

Hello,
I purchase my first home (200k) earlier this summer, I took a 5 year
variable rate mortgage at .75% below prime,. I have option to lock in at
anytime for a rate of 1% below my banks posted rate. I check my banks web
site today and their posted 5 year rate is 5.9%. Moneys tight and I'm a bit
worried about the future.

Any suggested reading that would help in my decision?
Please and thanks

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