fixed or variable Archives - Page 2 of 2 - Mortgage Rates & Mortgage Broker News in Canada

Latest in Mortgage News: Rising Prices Spur Talk of Capital Gains Tax on Home Sales

March 23, 2021 1 Comment

The Globe and Mail‘s Editorial Board tread into controversial territory recently by saying Canada’s “bonkers” housing market is making the case for taxing capital gains

Fixed or Variable? Floating-Rate Mortgages Losing Their Lustre

August 6, 2020 1 Comment

It can be one of the most difficult choices for mortgage borrowers—fixed rate or variable? Thanks to historically low spreads between the two, that choice

Prime Rate Falls to 2.95%, Some Banks Increase Variable Premiums

March 18, 2020 10 Comments

For the second time in two weeks Canada’s prime rate has fallen by 50-percentage points. Following the Bank of Canada’s emergency rate cut on Friday,

Why Are Mortgage Rates Rising?

March 16, 2020 7 Comments

Fears over the COVID-19 pandemic and plummeting oil prices have caused mortgage rates to plummet to multi-year lows over the past couple of weeks. But

Are Fixed Mortgage Rates Set to Rise?

October 1, 2019 No Comments

Mortgage shoppers have been treated to fixed rates near two-year lows for months now. They’re even below most variable rates. But how long can these

After the Hike: Fixed or Variable?

July 13, 2018 1 Comment

It’s the perennial question homebuyers ask themselves and one that’s getting a lot of attention these days: should I go fixed or variable? And the

fixed or variable