Common Cents – Fixed vs. Variable Rate Mortgages: Worth Betting on Future Rate Cuts?
by Leslie Denko, Mortgage Alliance, Cutting Edge Lending - The mortgage landscape has recently been stirred by the Bank of Canada's decision to lower its key interest rate by 0.25%, the first reduction in over two years. This move reignites the debate among homeowners: should one opt for a fixed-rate or a variable-rate mortgage? Given [...]
Common Cents – Fixed vs. Variable Rate Mortgages: Worth Betting on Future Rate Cuts?