How do I convert my variable rate mortgage into a fixed rate mortgage?

The Tangerine variable rate mortgage was designed to provide flexibility that makes it easy to lock into a fixed rate mortgage of 3 years or more at any time without penalty. Remember , with a variable rate mortgage, your payments are subject to adjustment every 3 months for monthly and semi-monthly frequency, every 12 weeks for bi-weekly frequency and every 13 weeks for weekly frequency.  When the prime rate changes, so will your payments.