[FrugalTrader]

If you missed the post on the blog, Sampson is referring to this post:

Bucking the conventional wisdom on a fixed-rate mortgage

I agree with Ben's conclusion that with the spread between fixed-rate and variable-rate so narrow, now may be a good time for going with fixed. Note that if you have a Prime-x% variable-rate mortgage, it may not be worth to switch, but homeowners renewing their mortgage may want to consider fixed.

That's the camp that I'm in. I have a discounted variable mortgage that is due in about 2 years. I'm also contemplating locking in if/when inflation indicators start flaring up.

 

[FrugalTrader]

I do lean on the side that we will get higher inflation.

Bullseye, you are right, it may be too late to lock in at that point.