In the past year we have seen fixed mortgage rates jump by 3% from the record low rates we had during the pandemic. At the same time variable rate holders have also seen substantial changes to their mortgage interest rates with the Bank of Canada increasing rates over 2% since its first increase back in … Continue reading Fixed Rates and Bond Yields
Tag: fixed rate
Fixed vs. Variable Rate Mortgages: What’s the Right Choice for You? When you're shopping for a mortgage, one of the decisions you'll face is whether to choose a fixed or variable (also known as adjustable) interest rate. Each comes with its own benefits, risks, and impact on your monthly payments and long-term financial goals. In … Continue reading Fixed VS Variable- Which is right for you?