Should I go fixed or variable with my mortgage renewal?

Requesting Advice

I have a mortgage renewal coming up in a year, in October 2026. Got a variable (lol!) in October 2021 at 1.35% which went up to 6.1% (LOL!) at peak interest rates. It's now back to 3.85% (slightly less lol).

The obvious choice would be to go fixed, no? I know how much stress I went through constantly worrying about rates as they went up more and more. The only reason I might think of going variable is we just might sell our house within the next 5 year mortgage cycle if things line up a certain way.

What would you do?

Posted Sep 8, 2025, 1:52 PM UTC

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