Why I’m happy with my 5.99 per cent mortgage

This time two years ago, I ended a call with my mortgage broker feeling disheartened. He had just told me that the best two-year fixed rate I could get was 2 per cent.

Fast forward to last week and I was feeling a huge sense of relief after the same broker secured a rate of 5.99 per cent. I even rejected a slightly lower rate. No, I haven’t lost my marbles — not quite yet, anyway.

I’m in the midst of a house move. We have accepted an offer, but we haven’t found our new home yet, so it’s hard to know when it will happen. In the meantime, my fix is due to end on August 1 and I have no desire to end