Hello, Wineappers. My name is Jesse. We come with another episode of The Wineapp Podcast,

where we teach you four rules to help you stop a paycheck to paycheck, to get out of debt,

and save more money. I'm going to work on this Ask Jesse thing because I don't like having

I don't like having stuff hanging over my head. I don't like having these to-dos. So let's just

let's dive right in. Amanda says, my husband and I live in Canada and our mortgage is up for renewal,

23rd of May, 2023. Wondering if that was those unusually or not usefully specific for listener

purposes. Wondering if your team has any tips, suggestions for mortgage rates and types in the

current market. For example, variable versus fixed and if fixed one to five years, thoughts on

mortgage brokers versus banks. Interesting. The cheapest, I don't know, is that I haven't gotten

a mortgage for so many, well, eight years ago. It's the last time I'm going to do it, I swear.

And I don't even, I think we went through a mortgage broker. I don't even remember. I think that

was it. We've been lucky with a five year, two and a half percent rate for the last five years,

and have been painted off. Well, here's the meat. At a very accelerated rate, built it five years

ago. It's just eight years left, thanks to Wineapp. But with new rates, Emeritus is actually

unlikely. Unfortunately, need to increase to accommodate our budget. A amount remaining 278 grand.

We are approaching 40 and have dreams of early semi-retirement slash fire, thanks in advance.

Amanda, I don't think you guys can actually make a materially wrong decision here.

You are living so well within your means that you have effectively removed

the need to worry about the minutia. You are dealing with a big shovel. This is what I would call

it. So if you're fixed for three years, fixed for one, fixed for five, variable every year,

the fact that you're able to throw so much extra money and looking at an eight year

time horizon, the difference in interest that you're going to be dealing with if you shop it around

...