Hi, I am self-employed and running a boutique here. I am planning to renovate my boutique soon. I need more money for that. So, I searched a lot on the internet to find a mortgage broker. In my search, I found one here . So, I am planning to consult them for my first mortgage. But, I wish to know more about mortgage as I don't have any previous experience. Which mortgage is better: variable rate mortgage or fixed rate mortgage? What are the advantages of an open ended mortgage? What are the things which we should take care of while approaching a mortgage broker? Please share your experience so that I could easily take a decision. Thank you.