Canadian Mortgages Fixed Rates Jump
War adds ‘uncertainty premium’ 1.4 million Canadian mortgages face higher costs as war-driven bond yields lift fixed rates Three‑ and five‑year fixed mortgage rates jumped by about 0.5 percentage points in…
Mortgage Payment Term Shock
People are finding it hard to believe what the several recent interest rate hikes have turned their Variable mortgages into. Peter Routledge, head of Canada’s banking regulator, warned in September…