Does somebody knows about any way to escape the banks from this fix rates?
When the rates first dropped substantially we went to the bank to find out about break fees as we thought even if it's a few thousand dollars it may still work out better in the long run as we still have 2 years left on the fixed portion. Unfortunately turns out it would be about $14 000 to break the fixed loan so rates would have to go stupidly low to make it worth while.... mind you, they seem to be headed towards stupidly low pretty fast lol.
p.s. my sympathies on some of the harsh responses you've gotten