Latest / The Flow: Real Estate and Money Show
Should you get a FIXED or VARIABLE mortgage? -E89
This podcast episode dives into the current Canadian mortgage landscape, focusing on the pivotal decision between fixed and variable mortgage rates. The host analyzes how recent market changes, including Bank of Canada's interest rate holds and shifts in bond yields, are influencing this choice. The episode breaks down current uninsured mortgage rates, historical trends over the last 20-25 years, and forward market projections to help listeners gauge potential future rate movements. A key emphasis is placed on understanding prepayment penalties and the importance of choosing a lender with…
The skinny
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