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

The popularity of variable-rate mortgages continues to fall

December 1, 2022 No Comments

Now that the spread between fixed and variable rates has largely evaporated, a majority of borrowers are once again opting for fixed-rate mortgages.

The fixed vs. variable mortgage rate decision

Fixed vs. variable: How not to lose this mortgage guessing game.

June 19, 2022 No Comments

As some second-guess the “variable-rate advantage,” we’ll hear more people asking things like, “Is it too late to lock in?”

Rate Hike Expectations Grow, But How Long Will Higher Rates Last?

April 8, 2022 2 Comments

As fixed mortgage rates continued to rise last week, variable-rate holders are expected to see their own increase next week.

Everyone Loves Variable Mortgages, Until the First BOC Rate Hike

January 24, 2022 4 Comments

Some mortgage borrowers’ confidence in variable rates may be tested as the Bank of Canada’s overnight target rate starts its inevitable climb upwards, perhaps as early as this week.

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

Canada’s Prime Rate Falls to 3.45% Following BoC Rate Cut

March 5, 2020 1 Comment

Canada’s prime rate fell to 3.45% today for the first time since July 2018. This is good news for floating-rate mortgage holders and those with

Variable Rate War Heating Up

May 16, 2018 No Comments

Mortgage shoppers looking to get a variable rate are in luck. The country’s biggest banks are currently slashing rates and clamouring for their business. A

fixed vs. variable