Should You Take a Variable Rate When It’s Cheaper Than Fixed?

Only if you could still afford the fixed payment. On a $450,000 mortgage, variable at 3.70% starts $206 a month below fixed at 4.54%. How to decide.

Only if you could still afford the fixed payment. On a $450,000 mortgage, variable at 3.70% starts $206 a month below fixed at 4.54%. How to decide.